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Updated over 3 years ago on . Most recent reply

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Sam Dykes
  • New to Real Estate
  • Kansas City, MO
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BRRRR With Financing.. Does it work?

Sam Dykes
  • New to Real Estate
  • Kansas City, MO
Posted

Hello Bigger Pockets Community,

I know that it is most preferable to buy a property with cash for the best result in BRRRR. But I was wondering if anyone has found success doing the BRRRR method with a financing option? If so, do you have any tips / advice?


Would greatly appreciate hearing experiences from others!
Thanks

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Matt M.
  • Specialist
  • Easton, PA
2,548
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Matt M.
  • Specialist
  • Easton, PA
Replied

@Jon Kelly

I have a house I paid cash for in 2015, took a loan on it in 2019 to buy another house. Total bank fees was $885.00. Great small local bank, closer to you than me.

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