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BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated over 3 years ago on . Most recent reply

User Stats

51
Posts
18
Votes
Shane Blackshear
  • Realtor
  • Austin, TX
18
Votes |
51
Posts

BRRRR refinancing issues

Shane Blackshear
  • Realtor
  • Austin, TX
Posted

I'd like to hear from anyone who attempted a BRRRR but the rehab cost were too much to refinance when you were done. If you're appraisal price didn't/won't meet the 75%-80% LTV mark. What did you do? Other than paying down the debt, were there any other options? I have a feeling this is a common issue.

Most Popular Reply

User Stats

93
Posts
42
Votes
Sean Julian
  • Rental Property Investor
  • Porter, TX
42
Votes |
93
Posts
Sean Julian
  • Rental Property Investor
  • Porter, TX
Replied

@Shane Blackshear it is cash flowing great! $500/month on a $60,000 investment.

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