All Forum Posts by: Levi Backman

Thanks for the responses. House Hacking does't make sense for me because I currently don't have to pay for a residence. The problem with my market is that I live near Boston and have yet to find a cash flowing property with a reasonable price. I'm looking to use creative financing to finance my first deal. ( seller financing or lease option)

Hey Guys, I'm currently looking for my first small multifamily rental property investment and to me the number one criteria is solid cashflow. What are markets that I can find these in? What advice do you have for me?

Thanks for the help. So BRRRR is kind of like flipping just instead of flipping it after the rehab/renovation and accessing the new equity by selling BRRRR is to keep the property, rent it and refi to access the equity?

 I don't understand the difference between BRRRR and conventional/traditional buy and hold. Why can't you refinance in the beginning just like financing is done conventionally then rehab and then refi again? Basically regular buy and hold?

I looked at that article. I don't understand the difference between BRRRR and conventional/traditional buy and hold. Why can't you refinance in the beginning just like financing conventionally then rehab and then refi again? Basically regular buy and hold?

I've watched many videos and read many articles that explain the BRRRR method, but I still don't get what it actually is and what make it special… isn't it simply buying a house, appreciating it and using that gained equity? What is the BRRRR method?? What's the difference between it and traditional buy and hold with forced appreciation?