Unlock the Secret “Hack” That Could Slash Interest Rates to 3% in 2025—Here’s How You Can Cash In Before Anyone Else Does!
Dave:
The idea behind a burr is that you take a property, a rental property that is not up to its highest and best use, you renovate it, you increase the capacity to generate rents from it, then you rent it out to great tenants, you refinance it to pull some of the equity that you built by improving that property out, and then you take the money that you refinance and you invest it into the next deal. And what’s so appealing about a burr is that it allows you to sort of recycle your money. You are able to get a lot of the benefits of doing a flip, but you get to hold onto the property and get that passive income that over time is going to snowball and help you achieve financial independence. Now, the bur method, a lot of people have been saying that it is dead, and I think that is nonsense.
Post Comment