Offering on a BRRRR Property

[Jesse Hubble]

Im analyzing my first BRRRR property,figured out my ARV range and rehab estimate, and ive noticed that in order to pull ALL of our money out during the Refi stage, we have to make really, really low offers.

Im just wondering what percentage range some of you successful guys (and ladies) are comfortable leaving in a deal so that I can offer something more appealing to lock a property up.

[Greg Kasmer]

@Jesse Hubble - I would say that if either pull all your money out of a deal (during refinance) or leave 10% or less of your money in the deal that is a "successful BRRRR" - assuming the deal hits your other criteria for cash flow, long term appreciation, etc... It's hard to pull all of your money out of a deal these days and still cash flow, so leaving some money in shouldn't be consider a "bad deal" in my book. Good Luck!