I Buy Ugly Houses & Make Them Beautiful
I Buy Ugly Houses & Make Them Beautiful
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The Burrs method is a strategy for achieving financial freedom through real estate investment. The method involves buying distressed properties using someone else's money, fixing them up, and renting them out to tenants. After the property is rented, it can be taken to a small local Community Bank to obtain an 80% cash-out refinance. This cash-out refinance check can then be used to pay off the initial lender plus interest. The result is a mortgage with the bank that the tenant's rent pays for, as well as all other owning expenses. This process can be repeated as many times as desired to create financial freedom.
The Burrs method is a strategy for achieving financial freedom through real estate investment. The m