multifamily investing and single family using the Brrrrr method.

Buying & Selling Real Estate
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multifamily investing and single family using the Brrrrr method.

Tammy Ginsburg
Member since 2022 · 14 posts · 11 votes

Hello,

I'm looking to do a couple of Burrs's  in Lansing MI.  My market is just too high. Any thoughts on this city and if not this city, any suggestions on where are the best to do this stragerty?  If this city is a good one, are there any experience realtors from here that can guide me into the right direction with contractors, hard money lenders and the the right areas.  TY in advance.

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  • Mark MunsonBusiness Member
    Lender · Orlando, FL · Member since 2022 · 440 posts · 300 votes
    3y

    Hi @Tammy Ginsburg

    I can't speak to Lansing, MI as a good BRRRR market or not, but I can walk you through the BRRRR method and how to do it properly. To truly get your money back out, regardless of the market, you need to be buying deeply discounted properties or find a value add opportunity on a property that yields you a much higher ARV. Feel free to reach out, as I'd be happy to help. Best of luck!

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