All Forum Posts by: George Ozoude

I am curious to better understand the expected time frames for completing the refinancing part of the BRRRR strategy. I would imagine many factors could come into play, but is there some general time frame I can base expectations? Particularly curious to know if the size of the distressed property (ie. SFH, small MFH, large MFH) correlates with a general time to rehab, stabilize and successfully refinance. Responses with some individual examples would be welcome if members don't mind sharing. Thanks in advance.

And you’re referring to all cash deal? I think that goes back to my original thought when I posted. So it sounds like bank lender > hard money lender, in general for leverage. But for first deal, using all cash is preferred....

@Jordan Decuir Yea that totally makes sense. With the cash out refi I am getting the money back anyway so it makes sense.

Just introducing myself here. I’m George. Hey everyone and anyone! I’m new to this whole deal. But hopefully will be a successful real estate landlord to start. I’m excited and looking to network with other Houstonians and Texans for now. My interests are in large multi family homes 20-100 units each. Right now the BRRRR strategy is my plan.

thanks. I have about 150k on hand. I am mostly interested in building a portfolio of 20-100 unit mfh using the BRRRR strategy. I would start out doing one at time to gain the education/experience/system before increasing volume.

I really like your point about having another set of eyes looking at the deal if you have a trusted lender.