Brrrr or ROI - which is better?

[Anika Hartman]

Hi there!

We are looking to buy our first investment property however we live in a place where real estate is expensive and it really holds its value. So in other words even rehab properties are up there in price. This is making it hard for a Brrr to work. However we found a property that already has 2 rentals making our ROI about 16%. So question is - how do we make Brrr possible in our market or do we buy the property with high ROI? Any suggestions of other strategies? I would appreciate any advice!! Thanks in advance!