BRRRR with 20 year loan

[Michelle Herschend]

Ok I feel like the math lady meme but I am not understanding how BRRRR can work and still cash flow with a 20 year loan (which is what my lender told me we could get with an LLC).

Are y’all doing it in your personal names and getting 30 year loans? Or getting killer deals on the front end and not mortgaging as much?

In my area a 120k 3/2 SFH is going to rent for around 900 a month more or less. After mortgage, taxes, insurance, money set aside for repair and vacancy, property management… I just do not understand how this strategy works. I would just about break even.

Would love to see how others are doing it in this price range!

[Eric James]

It depends on your market. In some markets rentals don't cash flow when financed, period. In other markets they cash flow very well.