Can I use a mortgage to purchase a BRRRR property?

BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Can I use a mortgage to purchase a BRRRR property?

Michael KeanePro Member
Long Beach, NY · Member since 2015 · 50 posts · 15 votes

Can I use a mortgage to make the initial purchase of a BRRRR property or must I purchase the property with cash to make the strategy work properly?

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  • Brian Garrett
    Real Estate Investor · Palm Beach County, FL · Member since 2017 · 3k+ posts · 2k+ votes
    5y

    You can use a mortgage as long as the property is livable and the numbers still work with the initial loan costs.

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