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BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated over 4 years ago on . Most recent reply

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So Da
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BRRRRing without Cash

So Da
Posted

Is it possible to BRRRR without buying cash up front?

I'm reading the BRRRR book by Greene and he states that cash up front and getting a loan later frees up money to put down on the next one. But, is it possible to pull cash out on property bought with a mortgage?

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Nicole Heasley Beitenman
#5 Medium-Term Rentals Contributor
  • Investor
  • Youngstown, OH
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Nicole Heasley Beitenman
#5 Medium-Term Rentals Contributor
  • Investor
  • Youngstown, OH
Replied

Read another book by Brandon Turner. The Book on Investing With No (Or Low) Money Down. The only way you can pull cash out of a property with a mortgage is if that mortgage is only ~60% or less of the ARV.

  • Nicole Heasley Beitenman
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