BRRRR strategy question

[Colin C leamy]

I have a question about the BRRRR strategy.

I originally thought that the BRRRR strategy entailed buying the house, rehabing it, renting it, refinancing it, and then using the refi loan for a down payment + rehab cost for the next house.

But now I hear you are supposed to use a short term loan to buy the house and use the refi to pay back the short term loan, in which case you are back at zero when you need to buy the next house.

Would someone mind clearing up my confusion?