I realize using the BRRR strategy and pulling equity to reinvest is one of the best ways to scale, but I often read success stories that don't add up to me. If you're starting with very little money and it takes 6 months to cash out refi wouldn't the max be 2 in the first year assuming you used most of your capital on the first one? Obviously you could end up with more equity pulled than you began with but I often see extreme numbers of units in a short time frame and have yet to figure out how?
Lender · Omaha, NE · Member since 2008 · 1k+ posts · 1k+ votes
4y
The fastest way to scale with limited capital is to become the deal finding expert, then partner with others for the capital and/or management once you get them under contract.
Commercial Real Estate Fund Manager · Lynchburg, VA · Member since 2015 · 1k+ posts · 1k+ votes
4y
@Brandon Montgomery I should have added that there is a great discussion of scaling and some helpful charts available in the book The Complete Guide to Buying and Selling Apartment Buildings https://www.amazon.com/dp/0471...