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Updated 9 months ago on . Most recent reply

User Stats

18
Posts
9
Votes
Babi Shimon
9
Votes |
18
Posts

Brrrr VS subto

Babi Shimon
Posted

Hey guys, I have a question.

wanted to know what is the best strategy for you?

Cause as I see it -

in sub2 you don't have to put money in the deal + the rate for the mortgage is lower most of the time, but the work for find the deal and get the deal done is hard.

with brrrr it's easier to find the deals, I mean you can also find it on MLS but you have to put money of front and get it back when you refi...

so I'm little bit confused

thanks

Most Popular Reply

User Stats

5,083
Posts
4,060
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Nicholas L.
#2 Starting Out Contributor
  • Flipper/Rehabber
  • Pittsburgh
4,060
Votes |
5,083
Posts
Nicholas L.
#2 Starting Out Contributor
  • Flipper/Rehabber
  • Pittsburgh
Replied

@Babi Shimon

well...

with BRRRR, it's actually not at all easy to find the deals. I've done a few, a couple home runs a few years ago but that is much more difficult / not possible anymore with the increase in rates. you can still build equity but then you don't cash flow.

i don't have any interest whatsoever in sub2.

  • Nicholas L.
  • Loading replies...