The BRRRR Strategy 2.0???

[David Beckley]

I know an investor who has a relationship with a local bank that gives him a loan based strictly on the appraised value, thus he's able to have zero out of pocket when acquiring a rental. He then rehabs, rents, and refinances. Isn't this different from the typical buy and hold investor who has to put money down to accomplish the BRRRR strategy? Which is better? The "2.0" version would give much more equity. Thoughts?