Recession in the middle of BRRRR?

[Yang Zheng]

BP Community: If an investor is on a short-term, high interest rate loan that helped to acquire and rehab a property, what happens if a recession hits before the property is seasoned and refinanced? 

[Yang Zheng]

@Brandon Roof @Nate Monson, thank you for your insights on this one. I'm definitely keeping multiple options open on the BRRR property. As I've been talking with more people, I'm also getting more comfortable that if a recession hits we may not likely see the dramatic drop in housing prices we saw in the 2008/2009 crisis. The local area is also a little more recession-proof. All giving us more comfortable. Thanks for your help!