BRRRR: Does 20% down also work for this strategy

[Daniel Mendez]

Good afternoon BP,

One of the things that I have noticed about the BRRRR strategy that many investors use is that it seems like everyone seems to be buying the property with no loan from a bank. Then they rehab it, rent it and finally refinance it.

However, I have yet to hear of someone that executed this BRRRR strategy without paying 100% of the asking price and taking out a loan and only putting 20%.

Has anyone had success with a BRRRR strategy when only putting 20% down?

[Sean Sloop]

The main con of this is paying higher closing costs twice vs once.