Relationship between BRRRR and the 50% Rule?

[Patricia Miller]

As a new investor, I am leaning toward the BRRRR strategy. However, I'm having trouble rectifying the third R with cash flow goals as part of this strategy. If I purchase a property that appears it will offer me a cash flow of, $200-$300 at the outset, then, it seems unlikely I would see that cash flow if I pull equity out of the property for the next purchase. Unless, the idea is that the calculations up front should be geared toward that after-refinance cash flow. I will have a tough time finding that property in Denver, I believe. Currently considering condo/townhouse fix-and-hold in the burbs (north and west of the city), house-hacking during the "fix."