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Updated 3 months ago,
BRRR Strategy - Introduction
Hi everyone!
My business partner and I are looking for our next deal, and are planning to execute the BRRR strategy for the first time. We are targeting small multifamily (2-4 units, although we are not afraid to go bigger) in mid-size cities in the midwest. Specific areas of uncertainty include navigating the financing, both hard money and the permanent financing upon refinancing, what to look for in a deal, and managing the construction process. Would love to chat about strategy and potential pitfalls.
I would love to connect with others who have successfully executed the brrr strategy on similar property types and hear your experience. Please feel free to send me a PM if you'd want to connect. I am happy to jump on a call and get to know other motivated investors, lenders, and contractors in this space!
Thanks in advance,
Luke