Some have used this method to obtain 100% financing.

In 2021 we bought the building for $1.5M using private lenders, pushed the occupancy from 50% to 80% occupancy and it appraised for $3.125M, allowing us to pay back the private mortgage.Right now, we are in the predevelopment process of design and piecing together the capital stack for the redevelopment deal, which will be made up of historic tax credit equity, RestoreNY Grant, DRI Grant, etc.

It’s refreshing to see someone leveraging both traditional methods and community engagement... it’s a solid mix.

If you want to scale using the BRRRR method I could send you a list of properties in terrible Philadelphia neighborhoods where you could easily complete the BRRRR and yes, you could theoretically "scale".

Are you using the BRRRR method or buying turnkey?

We had a dry spell after build about 35 new builds there over the last 10 years price points 500k to 2.5 mil.3.

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.

Depends on your scenario exactly though, never one cut and dry answer to which is better.

The article below sheds light on how DSCRs come into play with the BRRRR method.

I am at a crossroads on what to do about this one, but hopefully the market saturation from competitor assets in Katy, TX dries up.