All Forum Posts by: Brandon C.

I've been recently reading two BP books and they touch on BRRRR from time to time (Also the podcasts I've listened to). My question is, can you Refinance before Renting? Has anyone ever put their own spin on BRRRR strategies and were successful?

@David M. Yeah I was looking into doing an S-Corp but that’s in the future lol I’m a noob (rookie) right now

@Dave E. I'll look into it, thanks!

@Jed Ratliff do you have a link? or just youtube it?

Loving all these answers guys, thank you all so much!

@David M.  I'm getting a better understanding now. Thank you for your answer too! Now follow-up question, what would the discarding process look like?

@Nelson Mendes yeah of course but I’m thinking owners draw for actual expenses (groceries, wi-fi, gas, etc.) not anything extra

@Nelson Mendes thanks for the reply! To your point, was it ever questioned when you made a owners draw?

@Nathan Cross big time man! just a response is helpful in itself :)

@Nathan Cross Oh okay, that makes sense

Here's a drawing I shared with my friend who's an accountant, (hopefully it makes sense lol) So it's best to go with option 2?