Skip to content
×
PRO
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
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
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 7 years ago,

User Stats

67
Posts
30
Votes
Jason Schimer
  • Investor
  • Miami, FL
30
Votes |
67
Posts

Is it still the right time in the generation of BRRRR strategy

Jason Schimer
  • Investor
  • Miami, FL
Posted
As we all know the market could be peaking out. No one has a crystal ball and no one can know if sure but we can assume that we don't have 7 years of time to play. The question I ask is it really still a good time for the BRRRR method. As a proven strategy in a growing market there is no denying but are we coming to the point where we can't be sure in 1 year our refi will be worth getting? Will the bubble pop and not have time to recover by the time we have to refi? Will wee be stuck with our hard money loan? Will we be stuck with an upside down property. I know people are going to still say run the numbers and make sure you cash flow and we can't forget find a good deal. Even with all of that is a BRRRR method the best option even if we dot the I's and cross the T's especially when we have to pay by our loan shark biting at the bit to get his money. What are our other options besides sitting on our money? I hope this doesn't sound like snake oil. I'm looking for other options. Any answers would be greatly appreciated.

Loading replies...