BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated about 2 years ago,
When to BRRRR & When to sit on the cashflow
Hey guys, I have a hang-up on my latest deal...
3 Bedroom 1 Bath 1400 Square FT (Located in a small town)
Was a "fixer-upper" that is nearing completion (all labor expense was mine)
The "Net Cashflow" seems low to me and I'm debating upon if I want to get my money back out to pursue another property (not found yet) or should I just enjoy the "free & clear" cashflow for awhile until I find a deal/more favorable interest rates?
Basically is $241.08/month worth the headache?
(I manage all of my properties myself currently)
More details in the picture attached.