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EDWARD M.
  • North Bergen, NJ
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Can I use a BRRR strategy to purchase my first 2-family OO home?

EDWARD M.
  • North Bergen, NJ
Posted May 30 2017, 14:06

Can I use a BRRR strategy to purchase my first 2-family OO home? I found an old 2-family home that seems to have lots of potential and is being sold by my mother-in-law's friend. It obviously needs work (not sure how much it would cost) but I was wondering what the best approach to this would be. I don't have much cash in excess of the down payment and prefer not doing 203 because I feel like I might have better options. Any ideas?

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