BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated over 1 year ago,
BRRRR with a smaller home and higher interest rates? Help!
Hey guys, I am a new investor and I have recently purchased a home subject-to, I have done a few wholesale deals, and I am currently halfway through my first flip! I have seen varying opinions on the BRRRR method (which seems to be most sensible and alluring to me) and the variance, to my understanding, comes down to the uncertainty of interest rates and DSCR loans. Would you do a BRRRR if the rental income breaks even with PITI and capital expenses? Can anyone chime in on this?
At this time, I would be using private money or hard money or a combination of both.