This entry treats the BRRRR method, buy, rehab, rent, refinance, repeat, from the passive portfolio-builder's perspective: an investor using the strategy primarily to accumulate long-term rental holdings and recycle capital, rather than as an active rehab operation.
Log in to followTrying to get my head around the R that everyone talks about. Every write up I read describes buying at 70% of value minus rehab, then refinancing and getting all your cash back s…
Numbers first. Duplex, 1950s, bought at 142k with a private loan at 155k total draw (purchase plus first rehab tranche). Rehab came in at 48k against a 43k budget, mostly because…
Small town, population about 4,000, an hour from anything. Three bed one bath, 1,080 square feet, bought at 61k off a probate that had been listed and expired twice. Rehab budget…