Can I BRRRR using the HomeStyle Renovation loan?

Can I BRRRR using the HomeStyle Renovation loan?

Asa IfillPro Member
Real Estate Agent · Huntsville, AL · Member since 2019 · 128 posts · 35 votes

Looking to buy a duplex for 50k and rehab using 30k, I would also take another 10k out for emergencies/misc.

In total I would want to get a Homestyle Renovation loan for 90k and put down 5k cash.

I am also a first time home buyer.

All criticism welcomed, I am trying to reach financial freedom by 30...7 years left to master this!

Thanks in advance!

Asa Ifill

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