BRRRR stands for Buy, Rehab, Rent, Refinance and Reinvest. It is a hybrid strategy that captures the short-term equity gains of rehabbing along with the long-term returns of renting.
Step 1: Buy a distressed fixer-upper at a discount.
Step 2: Rehab the property.
Step 3: Rent the property to tenants for long-term gains.
Step 4: Refinance to cash out equity in the deal.
Step 5: Reinvest that cash into the next BRRRR deal.
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