In the world of social media and success stories that flood our feeds, the acronym BRRRR might have popped up. Short for Buy, Rehab, Rent, Refinance and Repeat, it has become a popular way to quickly build a property portfolio.
The idea is pretty straightforward. An investor snags an undervalued property, gives it a facelift, rents it out, refinances to access some of that increased value and then dives back in to do it all over again.
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