Hello guys, and welcome to my blog!
My name is Lili, and I’ve decided to document my real estate investing journey and bring you guys along with me. What you see here will include all of my experiences from house hacking to wholesaling, as well as my experiences in purchasing properties that I want to keep for myself, which entails using hard money loans to BRRRR them.
The acronym BRRRR is a strategy description that stands for Buy, Rehab, Refinance, Rent, and Repeat. The steps include buying a distressed property using either a hard money loan, or your own cash, then renovating the property, renting it out, and finally doing a cash-out refinance that allows you to repay your hard money lender, and then have yourself a rental property in your portfolio.
One of the best parts of sharing content with you guys is showing you the successes that I experience, but also in sharing my setbacks and the resulting lessons that I learn. Not everything goes perfectly on...