Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago on . Most recent reply
Understanding BRRRR strategy
Hey BP community,
I'm trying to get a handle on the BRRRR strategy and although I think I've got it I have 2 quick questions:
1.) For the initial loan to obtain a property, does it make sense to go with a shorter term 15-year fixed and then refi to a 30-year fixed after 6-12 months?
2.) What are your thoughts on buying a property that currently has tenants? Good for the process or does that just get in the way of the rehab/refi part of the strategy?
Thanks!