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BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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29
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2
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Steven N.
2
Votes |
29
Posts

Is now a bad time for BRRRR?

Steven N.
Posted

Hey

I have a property I am considering buying for 140k. Zillow estimate is 184k. roof and a/c 2 years old. kitchen cabinets, bathrooms and flooring were done when they bought 10 years ago. The place is clean. I don't think it needs work.

Is now not the time to BRRRR with what's going on. My concern is being able to pull my money back out in 6-12 months. If market takes a hit or cash out refinances are dried up I would be stuck.

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