BRRRR is an acronym that stands for Buy, Rehab, Rent, Refinance, Repeat. To put it simply, when you buy a property, fix it up, increase its value, then finally refinance, you’re borrowing against the value of the property when it’s at its highest. Done correctly, this allows you to recover most, if not all, the money you invested in the property.
The main difference being that we’re purchasing properties with a lot of issues or from motivated sellers. This allows us to pay less for properties purchased with the BRRRR Strategy. This is for several reasons:
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