BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated over 2 years ago on . Most recent reply
BRRRR Misfire; still ok?
Got a Duplex under contract with intention of BRRRR but rehab is costing more than expected so I'm figuring on only getting 70% of my cash out. With $25K-$30K locked in the deal if I cashflow at $800 a month net would you consider this a fail?
Most Popular Reply
Nope. Even if it eats into your cash flow estimations a bit, it's still positive and you can still pull some equity out. Sounds like a win to me.