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Updated over 6 years ago on . Most recent reply

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Thomas Williams
  • Michigan
0
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2
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New member looking to buy first couple of properties

Thomas Williams
  • Michigan
Posted

I am a new member and have been reading through materials, I going to be in a position to purchase a couple of rural properties in Michigan.

This has me wondering to what my best options may be for buy and hold rental properties, go traditional financing methods, or look at starting right away with BRRRR?

I see the advantages of using the leverage of a cash buyer, but if I do this method, how difficult is it in reality to refinance properties that have no note and are below $50k.

Thanks,

I look forward to learning more and contributing where I can to this great community!

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