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you’ve got the option to read more about oureditorial guidelinesand our products and servicesreview methodology.
Of course, its also a huge commitment requiring significant upfront capital and a large amount of your time.
Keep reading to learn more about the BRRRR methodto determine if it might be a good fit for you.
Buy
To get this process started, youll need to buy a property.
This shouldnt be something completely turnkey, as youre looking to get a discount.
Rehab
After youve purchased the property, its time to get to work.
Rent
After your rental property is upgraded, its time to list it.
Theres also many factors to consider when choosing tenants.
Refinance
Finally, youll want to refinance the property.
This means you will likely be able to recoup your initial investment andpossibly even additional equity.
This should feel satisfying, after all the hard work you put into the process.
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