BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated 5 months ago,
Markets for BRRR
Hi everyone!
I've got some properties up in the DFW area. Right now, finding properties around there that work for that BRRRR strategy is really difficult. The property taxes and interest rates are just eating away at the cash flow, so I'm pretty much stuck doing flips in that market.
Wanted to get your advice and hear your thoughts on where might be a good market for the BRRRR method these days? I know a lot depends on the specific deal, but there's gotta be some markets out there where it's easier to find properties that are 70% of ARV and still cash flow pretty decent, right?
Let me know what you think - I'm all ears!
Trying to figure out the best move for growing my portfolio, so any input would be much appreciated.