Can BRRRR cause you to over leverage?

[Marco Morkous]

Can BRRRR cause one to over leverage?

[Whitney Hutten]

@Marco Morkous You get to choose the LTV on the refi up to the bank max. Right now it's up to 75% LTV based on a DSCR of 1.25. That said, you still want good cashflow so you have wiggle room in your rents as we move through the next few months (I'd target at least $100+, ideally $150+). If you can't hit a good LTV, DSCR, COC, and cashflow, then you need to adjust your purchase price, rents, or construction or all 3 for your deal.