Finding a BRRRR that checks all the boxes

[Ronald Fontenot Jr]

I'm having a hard time finding BRRRR properties that meet the suggested requirements. I've located several properties that are well below 70% ARV, some even as low as 55%, but I cannot get them to do all of the things. Even with light rehabs, it's been difficult. I'm a GC and have the ability to rehab properties well below what an average investor would expect to spend. Seems they all come up with negative cash flow for at least the first two years. In my mind, that's not a deal breaker, especially with my plan to hold the properties for the long term, 10 years at least. I know interest rates are not helping matters at all, so does this mean we should just adjust and expect to cash flow negative and wait for interest rates to normalize and then refinance? Or just wait the market out? Sometimes it feels like searching for a very small needle in a very large haystack.