Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Wholesaling
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 7 years ago on . Most recent reply

User Stats

42
Posts
22
Votes
Jason Fike
  • Investor
  • Mission, KS
22
Votes |
42
Posts

Strategy: BRRR Vs. Leverage Everything

Jason Fike
  • Investor
  • Mission, KS
Posted
I'm struggling with my next move and strategy. Should I continue with the BRRR strategy or simply leverage my next properties. My current situation. I bought 6 doors all cash. These units are in Kansas City. 50k to 70k range. I managed to refi some units. I'm about to refi the rest of the portfolio very soon. I'll have about 150k to invest and I'm keeping the rest for reserves. I like the brrr strategy but these lower class units come with problems. I'm wanting to move up a class to the 100k units. So should I leverage five 100k units? Or buy three or so more cash deals and brrr? BRRR keeps my money liquid but lower class. Leverage Everything puts me in a nicer class. Either way I run out of money soon. Simply looking for advice and perhaps another set of eyes to see things differently. Thanks

Most Popular Reply

User Stats

3,177
Posts
1,999
Votes
Christopher Phillips
  • Real Estate Agent
  • Garden City, NY
1,999
Votes |
3,177
Posts
Christopher Phillips
  • Real Estate Agent
  • Garden City, NY
Replied

@Jason Fike

BRRRR doesn't have to be done with cash. It could be done with hard or private lending. Just has to be at a deep enough discount so you can do a cash out refinance once the rehab it done.

Loading replies...