BRRRR + house hack is one of the best ways to start because it reduces your living expenses and sets you up to scale.

.: When you are new, looking for lenders & considering Fix & Flip, BRRRR, or rental, as a buyer, learn to ask the owner/seller to be one of your private lenders with creative financing.

Didn't realize this is a method.

And the hardest to make a BRRRR work - take it from someone who has been BRRRR-ing for over 15 years in Milwaukee. 

If you don’t already own a home, I’d start with a house hack/ live in flip combo instead of BRRRR. 

Purchase price: $150,000 Cash invested: $20,000 BRRRR simple rental needed cosmetic work and was able to pull 100% of my capital back out via DSCR while leaving 25% equity in the deal.

Hello,
I just purchased my first property. It is a 1,500 sq ft, 3-bed 1-bath with an unfinished basement.
Is there anything I can do with the basement to add value to the property?

I run Revitalize Realty, that caters to BRRRR buyers.

If not, you could start building your portfolio through BRRRR.

Welcome to Memphis, Rudy, you’ve picked one of the best markets for the BRRRR strategy with that buy box.