![]() ![]() Refinancing is one of the last steps in the BRRRR method. 5 risks associated with the BRRRR strategy The negatives that they've warned about are unpacked below. Three well-known real-estate investors who said they've executed the BRRRR method successfully - Chandler David Smith, Sam Primm, and David Greene - have touched on its risks. Insider has profiled a few, including Kumar Sadaram, Joe Asamoah, and Quentin D'Souza.īut does the method have any potential downsides? Of course, as is true for any investing strategy. There are seemingly countless examples of individual investors who have executed the BRRRR method successfully. It's enabled many earning a modest living to build the kind of wealth that allows for financial independence. The strategy - in which investors employ cash-out refinancing on a property they already own to purchase new ones - has allowed tons of people to scale their real-estate portfolios without sinking too much, or any, of their own money into the homes. If you're plugged into the real-estate-podcast scene, you've almost definitely heard the term " BRRRR" - short for buy, rehab, rent, refinance, repeat.
0 Comments
Leave a Reply. |