BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated about 1 year ago,
BRRRR Purchase formula???
Hello,
I am new to BRRRR investment strategy and would like to explore and do some deals next year to add more units to my portfolio. I am wondering whether purchasing off-market deal with '70% minus repair costs' is good way to calculate offer price?. I want to purchase with hard money lending and then refinance it to get all my money back and would be available for next deal?