Buy, Rehab, Rent, Repeat questions.

[Darren Nardo]

Hellloo! I wanted to ask about a few things regarding the BRRRR method.

I found a property in my area for a good price.

95k - comps run for 135-145. Probably around 15-20k of work to put in.

My questions are:

Can you BRRRR if it is a house you want to live in for 1 year - 2 years? If so what's the best way to go about it.

The house is very live-able. Would I be able to move in, fix up and refinance the property I live in? And then start the BRRRR cycle from there?

I am not in position to buy properties cash yet.

Would this property still be able to work for what I am trying to do? Whether it was 3.5% down for first time home buyers. Or 20% down with a mortgage?

Thank you all!

[Dan Maciejewski]

Originally posted by @Yunier Acosta:

@Darren Nardo what's BRRRR ..?

 Others have answered your question -- I'll add that there are a lot of real-estate words and acronyms/initialisms that this site defines for you.  You can see the slight underline on them.  If you hover your mouse over the words, a pop-up appears with the definition.  It's really handy!