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BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Kelly Cynamon
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Neighborhood BRRRR Pittsburgh

Kelly Cynamon
Posted

Hi all: newer investor looking to BRRRR my first one for a LTR. I'd flip but would rather keep it.
I was about to put an offer down on a home in homestead however prop mgr saying horrible for rentals? Even w a rehab. 

Anyone have any thoughts on what areas are still good for BRRRR (I can leave money in deal) in the greater Pittsburgh area? I am out of town so relying on a realtor to send me deals.

Would love everyone’s thoughts

Thx! 

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82
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Trent Dues
  • Title Representative
  • Pittsburgh, PA
51
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82
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Trent Dues
  • Title Representative
  • Pittsburgh, PA
Replied

I've recently seen an uptick in the Greenfield neighborhood. There appear to be businesses moving in to this area, including a new brewery/speakeasy concept, it has amazing access to the Parkway, and is neighbored by Schenley Park. There are also a ton of duplexes that make it ideal for househacking. Sale prices also appear to be relatively low, while the area makes a transition to becoming more gentrified.  

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