The truth about the BRRRR method and rental properties! | Tommy Harr
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9.1K views3 months ago
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Join Lauren & Kyle, real estate investing couple, on this episode of Rentals To Wealth as they continue their DIY bathroom renovations on their BRRRR rental property! | BiggerPockets
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The Buy, Rehab, Rent, Refinance, Repeat (BRRRR) Method Made Simple & how to not make this 1 mistake
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Cindy West on Instagram: "Here's how refinancing gets your money back. This is the final step in the BRRRR method and it's where you get your money back. Let’s say you bought this property using a hard money lender. They give you the money to buy it and rehab it. You’ve now increased the property’s value. You’d take it to a bank and get a cash-out refinance for 75% of the new value ($200,000). The new loan: → Pay off the hard money lender → Gives you your initial investment back → Keep the extra
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