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Updated about 4 years ago on . Most recent reply

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Pope Lake
  • Investor
  • New York City, NY
43
Votes |
82
Posts

BRRRR in Birmingham

Pope Lake
  • Investor
  • New York City, NY
Posted

Hello Bigger Pockets!

I will make this short and sweet - I'm a new investor out of New York looking to BRRRR in the Magic City, Birmingham, Alabama. In terms of my price range I'm not looking to go more than $75k all in on the purchase and rehab. I've recently learned about the BRRRR strategy and am excited to implement it.

Is there anyone out there who has successfully BRRRR'd in Bham? What has your experience been, what type of financing did you use, what neighborhoods are good to target, etc..?

Most Popular Reply

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James Wise#5 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
19,272
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28,262
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James Wise#5 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
Replied
Originally posted by @Pope Lake:

Hello Bigger Pockets!

I will make this short and sweet - I'm a new investor out of New York looking to BRRRR in the Magic City, Birmingham, Alabama. In terms of my price range I'm not looking to go more than $75k all in on the purchase and rehab. I've recently learned about the BRRRR strategy and am excited to implement it.

Is there anyone out there who has successfully BRRRR'd in Bham? What has your experience been, what type of financing did you use, what neighborhoods are good to target, etc..?

Pope I've never done a BRRRR in Bham but have done some BRRRRs and wanted to drop you a link to The Ultimate Guide to Grading Birmingham Alabama Neighborhoods to give you some additional incite on the various neighborhoods down there. Hope it helps. Good luck to you my man.

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