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Updated over 7 years ago on . Most recent reply

User Stats

48
Posts
32
Votes
Taylor Johnson
  • Real Estate Agent
  • Detroit, MI
32
Votes |
48
Posts

Quick Question about the BRRRR

Taylor Johnson
  • Real Estate Agent
  • Detroit, MI
Posted

Just for clarification, when you use the BRRRR method:

1. Investor A loans cash to buy the property and pays for updates/repairs. Investor B refinances the property with a bank to pay Investor A back initial amount & repairs plus agreed interest?

or

2.  Investor A loans cash to buy the property and Investor B is responsible for updates/repairs and refinances with a bank to pay Investor A  back initial amount plus agreed interest?

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