🏚 BRRRR V. Turnkey 🏡
How did you transition from 20% down on turn key/mostly ready properties to BRRRRing and/or any other sort of buying off market deals cash? Given my market, Dallas, every time I save 40kish my first thought is let’s get pre approved for another rental!
1.) Did you guys just sit around until you saved up enough to afford a property + repairs in cash?
2.) Did you kick it off with a hard money loan? (Seems risky for FIRST BRRRR)
3.) Did you buy a bunch of 20%ers until a couple appreciated enough to sell/cash out refinance?