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BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated about 2 years ago on . Most recent reply

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32
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Tyler Welch
  • Real Estate Agent
4
Votes |
32
Posts

Who is having success on their BRRRR portfolio in DC?

Tyler Welch
  • Real Estate Agent
Posted

I'm looking to hear from investors in the DMV on how their BRRRR properties are doing in this current market? Any tricks and tips! Lets talk!

  • Tyler Welch
  • Most Popular Reply

    User Stats

    66
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    32
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    Replied

    I just finished my Reno BRRRR project but missed the window on rates. With them being in the 6's now I'm switching to what @Cassidy Burns said and getting a HELOC from Arlington Community Federal Credit Union. Which is offering almost 100% LTV. All this was done on a owner-occupied loan paying 3.5% down and funding the renovations with a 203k loan. Wish I could do it again but I can't get refinanced into a conventional loan until the rates fall back down a bit more which would free up having another FHA loan to use.

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