BRRRR - Buy, Rehab, Rent, Refinance, Repeat
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Updated almost 5 years ago on . Most recent reply
Is now a bad time for BRRRR?
Hey
I have a property I am considering buying for 140k. Zillow estimate is 184k. roof and a/c 2 years old. kitchen cabinets, bathrooms and flooring were done when they bought 10 years ago. The place is clean. I don't think it needs work.
Is now not the time to BRRRR with what's going on. My concern is being able to pull my money back out in 6-12 months. If market takes a hit or cash out refinances are dried up I would be stuck.