It is called the BRRRR strategy, which stands for Buy, Renovate, Rent, Refinance, and Repeat. Essentially you're buying properties that need work, you renovate them, you get them rent ready, you rent them out, you put your property management in place, and then you do a refinance after you hold the property for six months and pull your money out to do it all over again. This is the best way to scale and to force appreciation on the property and increase the rents to gain market rents.
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