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Updated over 6 years ago on . Most recent reply

User Stats

97
Posts
44
Votes
Brian Dickerson
  • Rental Property Investor
  • Delray Beach, FL
44
Votes |
97
Posts

Tell me about your BRRRR Deals - Do you leave money in them?

Brian Dickerson
  • Rental Property Investor
  • Delray Beach, FL
Posted

We are looking to do a couple BRRRR deals soon. In the areas we are looking , the BRRRR deals wouldnt work out in such a way that at refi time we'd be getting 100% of our funds back with a 75% LTV loan.

The resulting ROI is still good, but I'm curious how others do it.

What is a "good" BRRRR deal for you?
In your area can you consistently find BRRRR deals with enough forced appreciation to give you most/all of your funds back at refi?

PS - If anyone knows a lender in Florida who doesn't require the 6mo seasoning period for refi based on appraisal, I'd love to know about them :-)

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