BRRRR Process and buying a house that doesn't need rehab.

[Joel Patterson]

I am new at this and have consumed a significant amount of information over the last month or so.

When I consider the BRRRR method and use the rental property calculator, the whole process revolves around Hard Money Loan and rehabilitation and renter installed to ultimately refinance. And refinancing a house that has increased in value and is generating positive cashflow is what allows for OPM. What if I find a potential rental property that is in fantastic condition and it doesn't lend itself to rehab and therefore hard money loan with refi? But it still would cashflow.

Does anyone have a suggestion? Should I still use hard money, get the renter installed and refi in an attempt to input the least amount of down payment?

[Joel Patterson]

Thanks Tony!