Updated over 4 years ago on . Most recent reply

The BRRRR System.$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
When I use the BRRRR System in the refinance part of the property , that money is used to pay the initial loan of the purchase property . I now directly assume the debt whit the Bank or lender, this payment is made through of the monthly rent that i receive.
Question: In this case the cash flow is ZERO? Whats THE GOAL? Whats the END GOAL???
THANK YOU. have a great day BiggerPockets Family
Moratto Homes LLc.
33015
Most Popular Reply

An ideal BRRRR is one where you can get a good chunk of change back at the refi, and your property still cash flows at at least a 1.2 DSCR. For example one BRRRR I did in Columbus gave me $175k back and cash flows $2,000/month.