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Updated over 5 years ago on . Most recent reply

Lynne Garris's profile image
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Lynne Garris
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Lynne Garris's profile image
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Lynne Garris
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Lynne Garris
15
Votes |
112
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Buying & Selling Real Estate

Brrrrrr.....what is brrrrrr?

Lynne Garris
Posted

I’ve seen it a little but not sure I know what it is . Is it basically flip and hold house?

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Jay Hinrichs
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Jay Hinrichs's profile image
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Jay Hinrichs
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  • Lender
  • from Lake Oswego OR Summerlin, NV
  • Member since Jan 29, 2014
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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
63,027
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42,778
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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Replied

yes you buy   B   Renovate  R   refinance pull your cash out  R and then repeat R

this is how most investors bought rentals pre 08 in the aggressive lending years its just now come back into vogue as lending has loosened up again..

its not some brand new thing like some people may think..  

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