BRRRR is a mythical creature that happens once a year.

[Chi Ta]

So, after discovering the BRRRR method it all made sense to me that it's just a flip but instead of selling for instant profit you'll refi the property and hold it for long term gains. Great sounds like a deal, however, there's just so many things wrong with this scenario.

How often do these magical deals even show up. Unless you're actively marketing distressed homeowners how can you ever find these deals as a newbie?

I mean you'll literally need to most likely buy at 50% ARV, spend 25% arv to rehab to make it happen. If it's 50 cent on the dollar I'm sure everyone would jump on those deals.

I just don't see it being real. Can someone shed some hope and bring this dream back to life.