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BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated over 5 years ago on . Most recent reply

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28
Posts
5
Votes
Nate Stitchell
  • Providence, RI
5
Votes |
28
Posts

Gifted property from relative

Nate Stitchell
  • Providence, RI
Posted

So my relative is gifting me a property. Have no idea how that process works or how much it could cost?

Looking to keep property in family but rehab and rent out. Owner currently owes under 15k on property but looking to pay off in lump sum before gifting.

Is this Brrrr strategy applicable here minus the “Buy”?

Thank you all helps!

:)

  • Nate Stitchell
  • Loading replies...