BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated almost 5 years ago,
I have BRRRR deal I would like some input on
Hey guys! I heard Brandon Turner once saying that he targets a minimum of 100$ cash flow on his brrrr deals.
I have a possible brrrr deal that will cash flow around 133$ monthly. And it is my FIRST BRRRR deal.
Asking price 75k
Rehab around 5k
ARV 116K
Rent 1000$/month
Is it worth pursuing? Little worried, please advise. Thank you and stay safe and healthy.