Follow along as James teaches the Buy, Rehab, Rent, Refi and Repeat strategy for the first time.
James covers what the BRRR strategy is and why it becomes BRRRR when you do it repeatedly. He answers the following questions:
Can you do the BRRRR strategy in our local market in Northern Colorado? Or, can you do it remotely in other markets from NoCo?How big of a discount do you need to buy?What are the two flavors of BRRRR?Types of financing you can use when you do your initial purchase?Information about getting low ball offers accepted (in a variety of market conditions)The types of properties you are likely to be able to BRRRRHow to analyze BRRRR properties using the
free rental property excel spreadsheetA sample BRRRR deal analyzed using the spreadsheetHow BRRRR compares to Nomad™Links to resources on how to find BRRRR dealsPrice range of properties that you're likely to BRRRREstimating rehab costs and how seller's perceive your rehab costsLinks to resources on renting properties, tenant screening and property managementRefinancing BRRRR propertiesConventional rules for cash out refinancingSample mortgage rates when doing BRRRR versus other strategies like traditional 20% down buy and hold and Nomad™Refi appraisals and how they play into implementing BRRRRBRRRR with lease-option exitsDetailed list of pros and cons of the BRRRR strategyA comparison of the time, skill, risk, network, capital and deal quality required to do the BRRRR strategy versus the Nomad™ strategyTips on money management when doing BRRRRPlus much more...
For more information see the blog post on The Ultimate Guide to the BRRRR Strategy.
