BRRRR - Buy, Rehab, Rent, Refinance, Repeat
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated about 2 years ago,
Subject To/Owner Finance & BRRRR
Hey All,
I'm a big proponent of the BRRRR strategy. I started acquiring my first personal units last year & am now up to 6 single family units doing BRRRR the traditional way. Getting my cash back out of each deal is priority number 1 for me.
Which brings me to my next thought. With increased interest rates, owner financing or subject to deals are becoming more & more attractive. But like traditional BRRRR deals, I would think there is a reason someone would be willing to sell their home in this fashion (distress). I would love to attempt to buy some of these types of deals, but I have not figured out the rehab portion yet. How are folks getting their rehab money back out of these deals without doing a traditional refinance & ruining the interest rate gained by doing a subject to deal in the first place?