Last BRRRR - Great Cashflow

[Kenneth Garrett]

Just finished refi of two unit in nw Illinois.  Bought at 100K put in 10K and refinanced out our private lender.

Positive cash flow $600                     Refi - commercial loan 6.5%, 20 yr amort at 5 year balloon.

All funds go back into property to pay down the loan as quick as possible.  This is our 15th refi.

Few more years $10,000 positive monthly cash flow.

Who likes the BRRRR strategy?