Updated about 6 years ago on . Most recent reply
Wanting to do my first BRRR
I owe about $37,000 on my first rental property, it appraises at $100,000. I've talked to my bank and they say I can pull out 80% LTV. Which is about $40,000 give or take. If I use the for $40,000 to buy another property, is this considered the BRRR strategy?