Updated over 1 year ago on . Most recent reply
BRRR first? or House Hacking first?
Hello I'm a 27yr old newbie in RE investing and I recently flipped one house and got 125k in my pocket.
As I didn't have my residential house for myself, I think it is great time to start house hacking. But also thinking BRRR too.
As of now, what option between BRRR and House hacking is better you think in my case?
Want to hear some of great investors opinions.
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#5 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
- Flipper/Rehabber
- San Diego, CA
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#5 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
- Flipper/Rehabber
- San Diego, CA
I agree with @Liam Naughton that a house hack is a great option. My first house hack catapulted me into real estate. Buy a new house hack every few years, and continue to rent out the previous one.
I have flipped countless houses but my few house hacks have made an instance return compared to the effort that I put into them.
Happy investing!
- Jake Baker
- [email protected]
