Markets for brrrr strategy

[Lyandrea Russell]

Hello! Are there any realtors who are in a market where there are still deals that could work with the brrrr strategy? I was initially looking into Milwaukee a year and a half ago but unfortunately that well seems to have dried up at the moment, certainly for single family, but I've seen a couple 2-family properties that may still be workable. I'm looking for markets to explore where the brrrr strategy might still work at this time—properties up to $170,000 that are 65%-75% LTV all in. I typically keep to the lowest crime areas on Trulia's crime map. Thanks!
 

[Sean Sloop]

Originally posted by @Lyandrea Russell:

Thank you @Marcus Auerbach. Yes, I've had a realtor apply the term "wild, wild west" to Milwaukee's current market, which I had already gathered before inquiring. I've actually found a couple markets in Michigan that I'm exploring at the moment.

Hey Lyandrea, 

I have been successful with the BRRRR strategy in Lansing, MI. Although, most of Lansing is in some shade of the Trulia crime map. It is a bit deceiving. There are many areas of Lansing that are great neighborhoods.