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Updated over 5 years ago on . Most recent reply
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BRRRR method of Flipping?
Was wondering what method people think is better. BRRRR or flip and sell.
Using the BRRRR method you don't have to pay realtor fees or taxes on the sale, closing closts and all that other extra stuff that can add up to $5k - $10k quick sometimes. You can take out 80% of the ARV without all those extra fees from flipping and selling. Another plus is that in another 5 years you can refi again if you want to.
Was curious on peoples different opinions on the matter.