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BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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75
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Ali Kalaei
  • New to Real Estate
  • Houston
56
Votes |
75
Posts

Have You Ever Accidentally Turned a BRRRR Into a Flip?

Ali Kalaei
  • New to Real Estate
  • Houston
Posted

You buy it planning to keep it. Then the rehab turns out really well, a couple of good comps close nearby, and suddenly there’s a pretty decent check sitting there if you just sell the thing. Meanwhile, if you refinance and keep it, maybe it only cash flows $150–$200 a month. I feel like at that point it would be hard not to question the original plan.

Have you ever finished a BRRRR and decided, "Yeah… Am I just selling this"? What made you change your mind?

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