Get Your FILL, Financial Independence and Long Life
Business:Entrepreneurship
Follow Real Estate Investor, Denny H's Progress as He Does His First BRRRR!
The BRRRR investing strategy - Buy, Renovate, Rent, Refinance, Repeat - is a great way to buy and hold multiple properties in a relatively short time. Denny H is in the middle of using the BRRRR strategy for the first time. Hear about the highs and lows, good and bad, aspects that he's experiencing.
Get a great overview of BRRRR from Bigger Pockets:
The quick and dirty of BRRRR is this: you buy a house with cash, fix it up, rent it out, then get a traditional loan to recoup your initial investment. Take that money and do it all again. As you can probably tell, it's not that simple. You need to know some things and there's plenty that can go wrong.
Create your
podcast in
minutes
It is Free