BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated almost 5 years ago,
Cash - The only way to fund a BRRR?
I'm underway on my first BRRRR deal which I initially financed with my own hard-earned and diligently saved capital. I want to have 5 units by the end of this year, but the process seems so linear. Purchase> Renovate> Wait 6 Months to Refi>Repeat. I know there are other avenues to fund the initial purchase and renovation of a BRRRR investment such as hard money and private money, but would like to hear alternative ways to fund the purchase and rehab of a BRRRR and pros/cons. I know others have scaled way quicker than what I am planning without taking private or hard money.