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Updated 12 months ago on . Most recent reply

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457
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Joaquin Camarasa
  • Real Estate Agent
  • Springfield VA
383
Votes |
457
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Has anyone done a BRRR in Europe?

Joaquin Camarasa
  • Real Estate Agent
  • Springfield VA
Posted

I am from Spain. Living in the US now, planning to go back to Spain within the next 5 years and I am wondering if anyone has experience using the BRrr strategy there.

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Camarasa Realtor
5.0 stars
64 Reviews

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309
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173
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Erwin Groenendijk
  • Investor
  • Barcelona & Valencia (Spain)
173
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309
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Erwin Groenendijk
  • Investor
  • Barcelona & Valencia (Spain)
Replied

@Joaquin Camarasa, we did some and still doing some projects in Valencia. Once you are there, please let us know. Would be nice to contact in person and share the ideas further. Are you looking for BRRR'ing as an individual or a company?

Exactly, @Gilbert R.. There are more characteristics though. Have you guys been talking to mortgage brokers? These brokers can do an amazing job of making things with banks possible that for normal individuals are impossible. Getting the best interest rates, doing (re-)taxations, changing the percentage for a down payments that needs to be paid or for the % in refinancing to get back.

We are actually planning our next meet up in Barcelona about refinancing where a mortgage broker is coming to have a talk. Would be nice to have the both of you there, but will also give you a recap how it was.

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