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BRRRR
Buy, Rehab, Rent, Refinance, Repeat — recycle your capital
The BRRRR method lets you recycle the same down payment across multiple deals. Buy a distressed property below market, force equity through rehab, rent it, then cash-out refinance to pull your capital back out.
Purchase must be at least 30% below ARV
Typical moderate renovation cost per sqft
Cash-out refinance loan-to-value ratio
Return on the capital pulled out at refi
Target properties that have been on market 90+ days, are bank-owned, or show price cuts. Use our Stalest sort on the search page to find stale inventory.
Pull 3-5 comparable sold listings within 0.5 miles, same beds/baths, closed in the last 6 months. Our sold comps section on the detail page does this for you.
Use a hard money lender or a conventional loan with rehab escrow. Plan for 6-9 months from purchase to refinance. The calculator tab handles BRRRR scenarios.
Focus on kitchens, bathrooms, flooring, and paint. Once rented for 6+ months, refinance into a conventional 30-year fixed. Pull your capital out for the next deal.