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Stephen Lock
  • Waxahachie, TX
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BRRRR - Okay to use OPM or Wait?

Stephen Lock
  • Waxahachie, TX
Posted May 4 2017, 10:15

Hey all! I have been doing a lot of reading on the site concerning the BRRRR method. Considering where I am in my life (early 30's, wife, child and house), this is the strategy that I have chosen to follow in my adventures in REI. That being said, is it a usable strategy if I were to start my first property using OPM or is it better to use my own money? I have a significant amount of equity in my current home thanks to a hot market here in DFW, and I also have a little bit (less than $10k) in savings at the moment. I really want to get my foot in the door before the DFW market starts cooling down, as well as meet my goal of two properties by 2018. Thanks for all you guys do on this site and looking forward to any help available.

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