Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Rehabbing & House Flipping
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

23
Posts
12
Votes
Landrin Lewien
  • Rental Property Investor
  • La Crosse, WI
12
Votes |
23
Posts

BRRRR a small single family home

Landrin Lewien
  • Rental Property Investor
  • La Crosse, WI
Posted

Hello all, I bought a small 680sqft single family house for 32k, put 8k down so I financed 24k. I plan to put about 5-6k into new floors paint and countertops in kitchen and then rent it out. The appraisal when I bought the house was 34k, I'm wondering how much my appraisal value will go up when I put that 5-6k into it. Should I BRRRR? I'm also a little confused about the BRRRR strategy, if I refinance after I do my upgrades are my payments going to increase? Will refinancing give me cash to put towards another down payment on another house?

Thanks for the help.

Loading replies...