@Justin R. 

Hey @Alexis R Beckley, welcome to the club!! 

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*This link comes directly from our calculators, based on information input by the member who posted.Really interesting property, unit was built in 1900, I estimated about 100k in rehab. N...

This method of 'No inspection contingencies' could cost you an EMD, but it's one more way to move your offer to the top of the list. 

However a refinance actually means breaking the mortgage or doing a mortgage renewal to get a better interest rate whereas a cash out refi means you actually take money out of the deal to use.I hope this helps clarify the BRRRR method.

My current plan was to pursue the BRRRR method and just hang onto the profit from my current home.However, after watching the market from afar.

We were assuming we’d have to go the commercial route but this DSCR method does sound fascinating!

My goal going forward is to invest in small multifamily properties in central Florida through the BRRRR (Buy,Rehab,Rent,Refinance,Repeat) Method.

A really basic method is to just jump on Zillow, choose an area/neighborhood, take note of the average price to rent say a 2-3 bedroom house, or whatever your criteria are.

It's called the BRRRR method.