BRRR & Flipping, Can you and should you do both?

[Faith Importico]

Recently i have had a lot of investors trying to flip and BRRR at the same time. If theres a property where you can renovate, make large capital, and cashflow thats the unicorn we are all shooting for.

Most of the time if you do high end finishes like a flip, you will appraise extremely high, and you get capital back. But the downside is you will have a higher mortgage payment which will kill your cashflow. 

For some reason a lot of people seem to think they will get both, and they are finding themselves in analysis paralysis waiting for the unicorn. 

Thoughts?