BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated over 1 year ago on . Most recent reply
Counting every cost
I'm looking to purchase my first property.
Goal is to use the BRRRR strategy, but I want to make sure I am counting all the costs accurately. Please tell me if I am missing anything!
Purchase price, down payment, rehab cost, holding costs during rehab, appraisal for refi, cost to refinance out of hard money loan?, new mortgage payment... what am I missing?
Most Popular Reply
@Kristen Owens, closing costs (escrow/title fees) for both the initial purchase and refinance.