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Updated over 1 year ago on . Most recent reply

Kristen Owens's profile image
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Kristen Owens
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Kristen Owens's profile image
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Kristen Owens
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BRRRR - Buy, Rehab, Rent, Refinance, Repeat

Counting every cost

Kristen Owens
Posted

I'm looking to purchase my first property.

Goal is to use the BRRRR strategy, but I want to make sure I am counting all the costs accurately. Please tell me if I am missing anything!

Purchase price, down payment, rehab cost, holding costs during rehab, appraisal for refi, cost to refinance out of hard money loan?, new mortgage payment... what am I missing?

Atlanta, Georgia
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Michael Dumler's profile image
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Michael Dumler
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  • from Atlanta, GA
  • Member since Mar 20, 2020
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Michael Dumler's profile image
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Michael Dumler
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  • from Atlanta, GA
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Michael Dumler
  • Real Estate Agent
  • Atlanta, GA
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Michael Dumler
  • Real Estate Agent
  • Atlanta, GA
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@Kristen Owens, closing costs (escrow/title fees) for both the initial purchase and refinance. 

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