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

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44
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Robert Nelson
  • Towson, MD
18
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44
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Cash Reserves …. Is it needed for BRRR?

Robert Nelson
  • Towson, MD
Posted

For the early investors who put majority of their cash into their first few deals. If you are using the BRRR method do you need to have liquid reserves when refinancing? I know buying a investment property with conventional financing depending on credit you will need 6 months or more reserves. Thanks !

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Bruce Woodruff
#3 All Forums Contributor
  • Contractor/Investor/Consultant
  • West Valley Phoenix
14,137
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Bruce Woodruff
#3 All Forums Contributor
  • Contractor/Investor/Consultant
  • West Valley Phoenix
Replied

It's a business.....you always need cash reserves for any business.

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