BRRR Strategy in Market Crash/Recession

[Howard Soon]

Hey All, Been doing a lot of research and trying to wrap my head around the idea of the BRRR strat right before a recession or economic downturn. I know it'll eventually happen, but how would the numbers work out? I'm thinking that getting a refinance before signs of a downturn would fill your war chest, but at the same time, would the mortgage be too high? The assumption is that rent would be lowered since people would generally be spending less and be more conservative in their finances? Thank you for your thoughts and comments.