Are people still able to do full BRRR's in Nashville?

[Wayne Woodson]

Are people even still able to do full BRRR's in the Nashville area? Rates are still high and the only properties I see that have any cashflow are way up in Clarksville or 2 hours out in the backwoods. Most of the duplex properties I've looked at barely make the mortgage payment let alone have anything left over.

[Ko Kashiwagi]

Hi Wayne,

I've helped refinance a couple of deals in Nashville at 75-80% LTVs last few months. Typically they are super tight on DSCR but still work close to 1.00. I'm not sure if you mean "full BRRRR's" means to cash flow well but just to refinance at a high LTV, deals are definitely out there.