BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated 11 months ago on . Most recent reply
St. Louis BRRRR?
Hi there!
I am a new investor based in California looking to start investing in the St. Louis, MO area where my family lives. I am wondering if anyone has experience with the BRRRR method here. From my research it seems prices have gone up a lot in recent years so I am wondering if this strategy is still a feasible option for someone looking to start with a SFH for 150k or below, adding value with a rehab and getting a high enough appraisal to make it work.
Thanks in advance for any and all feedback!
Most Popular Reply
#2 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
- Flipper/Rehabber
- San Diego, CA
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#2 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
- Flipper/Rehabber
- San Diego, CA
I am also based in California and invest out of state in Jacksonville FL. We do 20 Flips/BRRRRs per year there and we use a hybrid approach. It is also very hard to "perfect BRRRR" here, really anywhere. We BRRRR 8-10 per year and the flips supplement the money left in the BRRRRs.
- Jake Baker
- [email protected]
