BRRRR - Buy, Rehab, Rent, Refinance, Repeat
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 2 years ago, 04/26/2022
Using BRRRR method for beginners
I have a few questions about this strategy. For a beginner with zero experience with BRRRR method, is it best to steer clear of this investing strategy if the investor has zero out of pocket money to come up? This means no out of pocket money to pay down just to get hard money, no 401k, and no friends and family to turn to. There is also the rehab step to BRRRR method. Let's say the investor knows nothing about rehabbing a home or what all needs to be rehabbed to make the house look move-in ready condition. Who is going to pay the contractor if the new investor is not physically fixing up the house themselves? I have never tried this BRRRR method for myself.