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Jacob Flores's profile image
Jacob Flores's profile image
Jacob Flores
  • Member since Dec 28, 2018

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7
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2
Votes
Jacob Flores's profile image
Jacob Flores's profile image
Jacob Flores
  • Member since Dec 28, 2018
Jacob Flores
2
Votes |
7
Posts
Private Lending & Conventional Mortgage Advice

Hurricane area. Buying rental properties. HELOC

Jacob Flores
Posted
My goal is to buy rental properties in my home town. I live in South Texas. We had a bad hurricane two years ago. If I use BRRRR method and refi and repeat. What happens if a natural disaster comes destroying my investments? For example in 5 years if I have 5 rental properties using BRRRR method and hurricane comes and destroys two of them and I can't put renters in them. Do I still have to pay the loan is houses are destroyed? Will I lose the rental properties?
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