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Updated about 7 years ago,
Help! BRRRR Question????
Hello,
I was recently watching one of BP's videos on the BRRRR strategy and had a question about one specific aspect of this strategy.
How is it that a property produces income and cash flow during the acquisition face of the BRRRR project?
If we have to come up with the money, make monthly payments to the lender, spend time and money rehabbing the property before we can get any tenants in there and wait "6 to 12 months" (depending on refinance details of the bank or lender); how can I make sense of income and cash flow during the acquisition face part of the results page of the BRRRR calculator?
Thank you,
Oskar
Thank you BP for the amazing community you've brought together.