All Forum Posts by: Brittany Stradling

@Brittany Stradling You as the homeowner can count as the tenant, except you aren't paying yourself rent. House hack as you mentioned is probably the more appropriate term. When you move out then you rent out the property. The goal of the BRRRR is to refinance out as much money as possible and cash flow on the property. If you can accomplish these two goals, then you are good to go!

Best of luck!

Thank you! So it is not a requirement by the bank to have tenants in place in order to refinance?

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Hey all! I've been thinking about combining the BRRR and house hacking strategies. I'm newer to BRRR and still doing research so please feel free to point out any potential issues.

Apparently, with a BRRR, you have to wait the seasoning period with tenants before you can refinance. Can the homeowner count as a "tenant"? Can you do a BRRR then house hack?

I'm open to using a conventional loan during the refinance stage.

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@Patrick Britton I will definitely be in touch!

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I've seen a few posts of people starting a year and a half ago but that already have 4k in cash flow and multiple properties. These same people are on track to reach 10k/month in cash flow by year 5 of investing.

How are people doing this?

I'm funding my down payment with money from work. I've got a high-paying job but I'm not able to scale THAT fast. Any insight?

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All Forum Posts by: Brittany Stradling

Brittany Stradling has started 12 posts and replied 34 times.

Post: Combining BRRR and Househacking

Post: Combining BRRR and Househacking

Post: How are people scaling so quickly

Post: How are people scaling so quickly