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BRRRR - Buy, Rehab, Rent, Refinance, Repeat
HomeForumsBRRRR - Buy, Rehab, Rent, Refinance, RepeatHow much money should I have for my first rental?
Simon Huber's profile image
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Simon Huber
  • Member since Dec 11, 2022
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Simon Huber's profile image
Simon Huber's profile image
Simon Huber
  • Member since Dec 11, 2022
Connect
Simon Huber
6
Votes |
30
Posts
BRRRR - Buy, Rehab, Rent, Refinance, Repeat

How much money should I have for my first rental?

Simon Huber
Posted Jan 28 2023, 02:00

Hey!

I want to buy my first rental this year and I want to start ASAP. The thing is that I don't know how much money I will need, beside of the obvious costs of the rental itself.

Is there money I should have besides the money down loan amount, or not? Also with the BRRRR strategy, how much money would I probably require for say a 150k SFH?

Thanks for your answers!

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