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Seth S.'s profile image
Seth S.'s profile image
Seth S.
  • Real Estate Investor
  • from Around
  • Member since Jan 5, 2017
  • Posts 28
  • Votes 9
  • Experience 15 Yrs
  • Investments 3

User Stats

28
Posts
9
Votes
Seth S.'s profile image
Seth S.'s profile image
Seth S.
  • Real Estate Investor
  • from Around
  • Member since Jan 5, 2017
  • Posts 28
  • Votes 9
  • Experience 15 Yrs
  • Investments 3
Seth S.
  • Real Estate Investor
  • Around
9
Votes |
28
Posts
Buying & Selling Real Estate

BRRRR vs Turn Key Conventional Mortgage

Seth S.
  • Real Estate Investor
  • Around
Posted

Hello BP!

I got a deal today form my agent on a turn key property I am interested in. The numbers look good (see below) and the 2/1 SFH looks really good after the rehab (at least, in the pictures).

I was wondering if with the numbers below, it makes sense for me to buy it with a conventional mortgage and and if there was any downside to doing that, instead of looking for a BRRRR and taking the longer route?

Is there any difference in the loans you get from a conventional financing VS a BRRRR financing of something you own?

Thanks!

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