BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated over 3 years ago,
Brrrring with convention loan
Hello all! I am new to the world of real estate investing and like many of you have been spending the last few weeks/months reading and researching. I am very excited about the brrrr strategy and wanted to get others thoughts on brrrring a property without purchasing in full with cash. I know the big problem with this is these properties are generally distressed enough that getting financing on them can be difficult but what about in-between properties that maybe arent super distressed and can still be financed but still have good value add potential? Could this be a good area to focus or is it just to hard to add enough value to these properties and refinance the capital back out of it?