Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
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 5 years ago on .

User Stats

7
Posts
3
Votes
Eric Bruenner
  • Brooklyn, NY
3
Votes |
7
Posts

Transition from house hack to BRRRR strategies?

Eric Bruenner
  • Brooklyn, NY
Posted

Hey everyone,

Had a quick question.

Apologies if this has been covered before but google-fu did not uncover anything.

Was wondering if it is possible (and if so, how) to transition from a house hack to a BRRRR strategy.

Obviously with an FHA you don't have enough equity to start with to get any cash out with a refi, even if you knock the Reno/ARV out of the park. Numbers are less bad, but a similar story with a conventional loan house hack it seems like.

I understand the utility of house hacking in order to live in a primary residence for very cheap (or free or at a small profit) but how do people transition from house hacking one multi family into executing the BRRRR strategy? Is there a direct connection or elegant way to do this?