Buy, Rehab, Rent, Refinance, Repeat
People also ask
What is the brrrr method for real estate investment?
The BRRRR (Buy, Rehab, Rent, Refinance, Repeat) Method is a real estate investment strategy that involves flipping distressed property, renting it out, and then cash-out refinancing it in order to fund further rental property investment.
Who is brrrr?
He is a sworn police officer and a licensed real estate agent in the state of California. As you pursue your real estate investing education, you檝e no doubt encountered the acronym ?BRRRR .?Whether you檙e listening to Brandon and me on the podcast, perusing the forums, or reading the blog posts, someone always mentions BRRRR.
Are brrrr properties chilly?
No, they檙e not chilly. BRRRR stands for 渂uy, rehab, rent, refinance, repeat.?In other words, the smart investor investment cycle. The traditional method of buying rental property involves buying a property with financing, such as a mortgage, then rehabbing, renting, and eventually repeating the process later.
Is the brrrr strategy worth it?
One thing to keep in mind with the BRRRR strategy: Your mortgage will typically be slightly higher than with the traditional method because you are borrowing more money against the house. This is well worth it.