Updated 1 day ago on . Most recent reply
Looking for Investment Opportunity
I’m based in Florida and currently exploring options to either do a cash-out refinance on my home or pursue a BRRR strategy. I’m looking for advice and potential opportunities in the Jacksonville market that make sense from an equity and long-term investment standpoint.
If anyone has insights, connections, or deals that align, I’d love to hear your thoughts.
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#5 Tax, SDIRAs & Cost Segregation Contributor
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#5 Tax, SDIRAs & Cost Segregation Contributor
- Accountant
- New York, NY
They both seem un-related, why can't you do both?
Doing #1 might actually help make #2 easier.
If you do a cash-out refinance on your home(Assuming you have equity), you will be able to pull out cash which you can use.
You can then use the cash to purchase a property that qualifies as a BRRR property.
Purchase it with Cash / Hard money and do the proper renovations.
Do you have properties in Jacksonville? Why not look at the Jacksonville market?
- Basit Siddiqi
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- 917-280-8544
