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Updated over 5 years ago on . Most recent reply

JaMario Price's profile image
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JaMario Price
  • Investor
  • from Conyers, GA
  • Member since Mar 22, 2018
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JaMario Price's profile image
JaMario Price's profile image
JaMario Price
  • Investor
  • from Conyers, GA
  • Member since Mar 22, 2018
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JaMario Price
  • Investor
  • Conyers, GA
2
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21
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BRRRR - Buy, Rehab, Rent, Refinance, Repeat

BRRRR or am I thinking wrong?!

JaMario Price
  • Investor
  • Conyers, GA
Posted

I'm on the mls and I see a property that has been on market for 204 days and going for $105k zestimate is $101k in a rental market in Decatur,Ga. Im looking to make an offer of $80k. I'm stuck on beginning the BRRRR. Not much work is needed on the property. Thinking $5k. How would one attempt this with a no money down approach?! Thanks guys!

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Sarah Brown's profile image
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Sarah Brown
  • Real Estate Agent
  • from Nampa, ID
  • Member since Aug 20, 2017
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Sarah Brown's profile image
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Sarah Brown
  • Real Estate Agent
  • from Nampa, ID
  • Member since Aug 20, 2017
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Sarah Brown
  • Real Estate Agent
  • Nampa, ID
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Sarah Brown
  • Real Estate Agent
  • Nampa, ID
Replied

In Idaho there are some first time home buyer programs that let you get in with minimum down.  Check with a lender and see if you have those available.  Your other option would be to find a private lender. 

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