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BRRRR - Buy, Rehab, Rent, Refinance, Repeat

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Jesse Maldonado
  • New York, NY
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Out of State Investing using hard money

Jesse Maldonado
  • New York, NY
Posted Mar 2 2021, 11:00

Hi everyone, I plan to start investing out of state at some point this year. I was thinking about using hard money to buy distressed properties that I could rehab and then refinance into a traditional loan to pay back the hard money lender. Does anyone have experience doing this? Is there anything I should keep in mind with this strategy? 

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