BRRRR stands for buy, rehab, rent, refinance, repeat.
Log in to followFirst one, done, tenant in, refinanced, and it cost me about 22k more than my spreadsheet said it would. All of it came from time. The house was a 1950s three bed in a working cla…
I lent 50k as a second position note into a BRRRR on a small single family, 12 percent, interest only, 12 month term, repaid from the refinance. Monthly interest arrived on time e…
Three previous BRRRRs left me with capital stuck in all three. This one didn't, and the difference was almost entirely that I underwrote the after repair value low on purpose and…
Small portfolio here, four doors, and this was my second attempt at a full BRRRR cycle. Buy, rehab, rent, refinance, repeat. I got three of the five right. Numbers: bought a tired…
Finished this one nine months ago and I've been chewing on it since. Single family, purchase 158k, rehab came in at 41k against a 36k budget, closing and holding 11k. All in 210k.…
Not an operator by trade, I do service work around this business, but I wanted one of these for myself and it's done. Small two bed, bought at 96k on a private loan from someone I…
Structure was clean on paper. I did the documents, my operating partner did the buying and the renovation, and a third party put in 85k for the rehab. To protect him we recorded a…