One of the ways we are able to continue to invest in real estate is by using the brrrr method. Brrrr is an acronym for Buy Renovate Rent Refinance Repeat. First we find a property that needs work and that’s at a good price. We then renovate it so that we can rent it. Once we have it rented we refinance at a higher price but not too high to where we cant cash flow comfortably on the property. By refinancing we can then pull out our down payment and hopefully also the rehab cost allowing us to use that cash in another property to do it all over again. There are so many ways to build a real estate portfolio and passive income. If you want to see more posts like these, let me know below.
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