Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 1 year ago on . Most recent reply

User Stats

65
Posts
13
Votes
Murray Reginald
  • Investor
13
Votes |
65
Posts

I have a question about BRRRR

Murray Reginald
  • Investor
Posted

Hi BP,

In the last few months I have made some huge strides into my business and can't wait to get my first deal. I've finally came up with a strategy which is BRRRR, I've obtained the following tools for success: Brand Name & Lots Of Marketing. I am extremally motivated in my pursuit to financial freedom and love looking, listen to every podcast, you tube or book I can find, because this keeps me rooted.


I have a question about BRRRR, If I am using hard money to purchase a distress property, then do rehab, put a tenant in the property, then do a cash out refinance, will the bank look at my debt to ratio income being that this is an investment property? Because I plan to purchase more than one property this year and if this is the case, I would be limited to purchasing power however, If that is the case, I would switch to Wholesaling to increase my capitol to have more purchasing power.

  • Murray Reginald
  • Loading replies...