Refurbished Heat Pumps

[Chris Pike]

Has anyone had experience with refurbished heat pumps?

A little background on my current situation. I am in the process of utilizing the BRRR strategy for my first house hack (a triplex). One of the heat pumps needs to be replaced.

I found a company who will install a refurbished heat pump for $2,600 compared to $4,600 bids for new units from other contractors.

I understand that the refurbished unit will have a shorter lifespan than a brand new unit.

I currently have limited capital to invest in the remodel and I would prefer to spend the additional $2,000 cost of a new unit on other renovations that will have a better ROI in regards to raising rents.

I would appreciate any input that any other member have in regards to their experience with refurbished heat pumps.

Thank you for your time!