All Forum Posts by: Nicholas Bohm

Most of the time when people talk about BRRRRing properties, they say that buying all cash up front is the way to go in order to buy lower and close deals faster. I'm wondering why most people don't BRRRR with conventional loans with 20% down because to me it just seems like the better route to take because you can put less money in deals and still cash out refinance all your money, right?

@David Hall The main thing that got me looking into those three markets are cash on cash return. I know that I can get the most bang for my buck in a lot of midwest regions, but am not entirely set on BRRRR ing a property in say Lansing MI. I might just look into turnkey SFH properties that I can buy 20-25% down in Lansing instead. I would love any recommendations about neighborhoods ect; cause I'm from the Bay Area CA and have limited knowledge about the specific zipcodes ect; Thank you.

Thank you

Jacob Sampson- I would invest locally for my first BRRRR property, but I'm based in the bay area California where the cheapest duplexes go for at least 500k.

I am looking to BRRRR my first real estate property and was trying to figure out the right markets to look into. I was thinking either around Lansing Michigan, Raleigh NC, or maybe Texas near dallas metro. I'm looking to invest about 100k total between cost and rehab- does anyone have any recommendations for what market BRRRR seems to work best in ? I know it is all finding the right deal, but just wanted a little bit of guidance.

~Any help is much appreciated