Offering on a BRRRR Property

[Jesse Hubble]

Im analyzing my first BRRRR property,figured out my ARV range, and ive noticed that in order to pull ALL of our money out during the Refi stage, we have to make really, really low offers.

Im just wondering what percentage range some of you successful guys (and ladies) are comfortable leaving in a deal so that I can offer something more appealing to lock a property up.

[Nicholas L.]

@Jesse Hubble

I think you have to make that determination yourself.  Anyone else's financial situation and real estate portfolio are going to be very different from yours.  Just because we leave X% or Y$ in a deal doesn't mean that would make any sense for you.

I give you kudos though for figuring out how aggressive you have to be for a BRRRR to work. It's very, very difficult to find them right now, even off market. There is such demand for BRRRR-able inventory that it's resulted in 'bidding wars' among investors just like for on-market properties.