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 followWhat I keep going in circles on, after six months of research and no deals, is which end of BRRRR to shop from. One way to look at it: the discount is where the money is made. You…
Two scopes for the same 1950s three-bed came across my desk this week, both written by the same investor, and I've been staring at them for days. Scope A is 38k. Kitchen, bath, fl…
I ran this two ways this month and I can't decide which column I believe. Column one. Distressed three-bed, 110k purchase, 40k rehab, all in around 158k with carry and closing. Re…
I got a number back from a construction manager on a small two-unit I'm circling. Fourteen percent of hard cost to run scope, bids, draws, and inspections, with me signing checks…
Underwriting a small multifamily BRRRR for someone and I've been arguing with myself about one cell for two days. The refinance is nine to twelve months out. Today's quoted DSCR r…
Working through a decision that seems to split people every time it comes up, and I want to see where this room actually lands. Setup, roughly. Rehab is done, tenant is in, and yo…
Somebody asked me this at a meetup and I gave a bad answer, so I'm putting it here. The letters are buy, rehab, rent, refinance, repeat. The last R is the engine. You pull your mo…