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Updated 12 months ago on . Most recent reply
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Do Flippers (Buy, Remodel) and BRRR Method people (Rent, Refinance) ever Partner?
It seems like if a flipper set up and remodeled BRRR deals they could avoid any market ups and downs (Flipper = Buy, Rehab). In BRRR planning you should start from refinancing the monthly rents backwards. I actually know contractors and flippers in Los Angeles who would gladly do the investment and construction with no desire to hold rental property. It seems like a properly constructed BRRR cash out refinance could make everyone happy on both sides. Are you people all ready doing this?
Most Popular Reply
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It is best to have both options as exit strategies. If you go into a BRRRR with the intention of holding it, but the numbers make more sense as a flip, you can pivot your strategy to what makes the most sense for the deal.