All Forum Posts by: Dawson Burton

@Chris Seveney Yeah I do own the boat so a thought I had would be to just buy a duplex, rehab it and then rent it out, refinance it etc. I guess I'll just have to crunch the numbers when it come to it. 

@Caleb Brown Appreciate the insight, Caleb. I've been leaning toward the duplex route too. It seems like a smart way to cut living costs while building equity. Since I'll have enough capital to buy outright if needed, I'm curious: would you still recommend financing with something like an FHA loan just to keep more cash available for future deals? Or does it make more sense to go all-cash on the first one and refi after rehabbing.

I plan to move to Florida in two years and will have a solid amount of capital saved—enough to buy a property outright and use the BRRRR strategy. I’m currently deciding between two options for how to start:

Option 1: Live on my boat full-time, pay for a boat slip and all related expenses, and use my capital to buy a single-family home, renovate it, rent it out, refinance, and repeat (BRRRR).

Option 2: Buy a duplex, fix it up, live in one unit while renting out the other (house hacking), then refinance it. From there, I’d continue using the BRRRR method for future properties.

I’m trying to figure out which option would be smarter to kick things off especially when it comes to building cash flow and long-term wealth.

I’m just getting into real estate investing, focused on BRRRR deals. I’m based in Kansas and looking to connect with local investors who are open to sharing their knowledge or letting me learn from what they’re doing.

I don’t plan on starting to invest myself until I move to Florida in about two years, but I want to learn as much as I can in the meantime. If you’re in Kansas and active in the BRRRR space, I’d love to connect — even just to chat or grab coffee.

I’m also open to connecting with people who are doing long-distance BRRRR deals, since that’s likely where I’ll be starting when I do jump in.

Thanks!

I’m just getting into real estate investing, focused on BRRRR deals. I’m based in Kansas and looking to connect with local investors who are open to sharing their knowledge or letting me learn from what they’re doing.

I don’t plan on starting to invest myself until I move to Florida in about two years, but I want to learn as much as I can in the meantime. If you’re in Kansas and active in the BRRRR space, I’d love to connect — even just to chat or grab coffee.

I’m also open to connecting with people who are doing long-distance BRRRR deals, since there is a chance that's where I’ll be starting when I do jump in.

Thanks!