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Updated over 6 years ago on . Most recent reply

Where should I Brrr?
Hi,
I own a few rental properties in a high-end area of Philadelphia but I'm getting priced out to purchase new rental properties based on low cap rates and prices of homes needing work going to high.
I'm interested about learning a different market where I could Brrr and still cash flow. Does anyone have a good starting point with these types of transactions?
Thank you,
Patrick
Most Popular Reply

How are you.
Great Question, and easy answer. Your prequalification for a mortgage will determine your neighborhood in Philadelphia based on your capable buy in. Also, the expectation of BRRRR ROI would need to be determined to keep your Global Debt to Income in check to consistently keep your process moving forward.
Let me know if you have any questions.
Regards,
Joe Scorese
- Joseph Scorese