If you’re doing BRRRR, know that bad appraisals can and do happen in Detroit.

Focus on market research by exploring neighborhood rent trends and property values while considering your financing strategy (house hacking, BRRRR, or buy and hold).

You might also explore BRRRR to build long-term wealth while recycling capital.

Here is my method I got that has done me wonders, I used the method from Brandon Turners book on managing properties:1.)

I’m interested in flips and the BRRRR strategy.

Together we bought a BRRRR deal, completed it, and got married soon after.

For example the BRRRR strategy worked with many properties 10 years ago when the average mortgage was cheaper than the average rent.

Instead of focusing on move-in-ready rentals, consider fixing up a cheaper property (BRRRR method) to add value and boost cash flow.

Hi Rick, First of all- congrats on diving in and your BRRRR deal going well! 

@Hank Bank BRRRR is probably want you want to do.Buy, Renovate, Rent, Refi, Repeat.Before you go all in and either find out you don't like being a landlord or you make costly mistakes, start with just the next one.You'll have some challenges with tapping the equity in the townhouse:1) What loan amount can you qualify with your credit & income?