Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$39.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
BRRRR - Buy, Rehab, Rent, Refinance, Repeat
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

44
Posts
6
Votes
Blanca Munoz
6
Votes |
44
Posts

Single family home

Blanca Munoz
Posted

Hello, so I bought my first house and before I bought it, I didn't know about the BRRRR Method. I purchased the house for $145,000 and they were asking for $180,000. It appraised for $150,000. Renovations would cost around $30,000 but the only things I've done are Plumbing, foundation work, gas line, and new windows. All of this has cost me about $10,000. I paid in cash for all of this. My question is, since I already closed on the house, can I still do the BRRRR method? If so, how do I go about it. Should I do a HELOC to renovate the rest? I'm thinking of doing the BRRRR method but house hacking it since it's my first home. Is this possible? I just started watching a lot of videos on the BRRRR method and don't know what to do after doing those repairs. Can someone walk me through this? I would like to video chat or phone call.

Loading replies...