Try the BRRRR calculator on your next real estate deal: https://www.biggerpockets.com/brrrr-calculator?utm_source=youtube&utm_medium=description&utm_campaign=none
How do you buy a rental property for $0? Easy: use the BRRRR strategy. The BRRRR strategy allows real estate investors to buy, rehab, rent, refinance, and repeat over and over again to get all (or most) of their money out of a real estate deal. Don’t get exactly what we mean? Anson Young can help.
Anson is about to walk you through a duplex he purchased very recently. Once fully renovated, this property will be worth enough for Anson to refinance, allowing him to “cash out” all the money he put into the property. So, in theory, when the refinance is finished, Anson will have gotten a cash-flowing duplex for FREE. But don’t worry, you don’t need to be an expert to repeat the strategy; you just need the right tools!
Run the numbers BEFORE you BRRRR with the BRRRR calculator: https://www.biggerpockets.com/brrrr-calculator?utm_source=youtube&utm_medium=description&utm_campaign=none
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Find an Investor-Friendly Agent in Your Area:
http://biggerpockets.com/agentmatch
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Find Investor-Friendly Lenders:
http://biggerpockets.com/findlenders
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Grab the BRRRR Book:
https://store.biggerpockets.com/products/buy-rehab-rent-refinance-repeat?utm_source=owned_media
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Grab Anson’s Book, “Finding and Funding Great Deals”:
https://store.biggerpockets.com/products/finding-and-funding-great-deals?utm_source=owned_media
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What is the BRRRR Method & How to Use it to Invest in Real Estate:
https://www.biggerpockets.com/guides/brrrr-method?utm_source=youtube&utm_medium=description&utm_campaign=none
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DSCR Loans: The Greatest Investor Loan of All Time?
https://youtu.be/6korxs8cK-E?si=gK17OTaY7JRCaWHT
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Connect with Anson:
BiggerPockets: https://www.biggerpockets.com/users/Anson?utm_source=youtube&utm_medium=description&utm_campaign=none
Instagram: @younganson or https://www.instagram.com/younganson/
YouTube: https://www.youtube.com/@AnsonYoung
00:00 The BRRRR Strategy
01:22 The $0 Rental Property
02:43 Financing and Rehab Costs
03:35 Step 1. Property and Purchase Info
06:28 Step 2. Rental Income and Expenses
08:45 Step 3. The Results!
10:53 Tips Before You BRRRR!
