New to Dayton OH/Using the BRRRR Strategy
Hi All,
My name is Adam Jutte and my business partner and I are new to the Dayton area. We have been planning for sometime how we could get into the real estate business. After evaluating our strengths and weaknesses we are ready to take the leap and start the journey. We are hoping to implement the BRRRR strategy and wanted to know if people have done this successfully in Dayton, OH and if so if they had any advice on areas to look into.
At a very high level:
- We are looking in Dayton, OH
- My business partner owns a professional remodeling company in Dayton, OH
- I work on the numbers and analysis side of it
Thanks in advance for any advice,
Adam
Most Popular Reply
Welcome to BP @Adam Jutte! The BRRRR strategy is a good one, but if I can give you one piece of advice, it would be to make sure that your refinance lender (the last R) is a lock to go. Otherwise you could end up with a property using hard money or having significant holding costs.