BRRRR
Business & Finance abbreviation · Real Estate & Mortgage
| Stands for | Buy, rehab, rent, refinance, repeat |
|---|---|
| Categories | Business & Finance |
BRRRR stands for Buy, rehab, rent, refinance, repeat, a real estate & mortgage abbreviation.
Real estate investing strategy in which an investor buys a distressed property, renovates it, rents it out, then refinances based on the higher value to pull out cash for the next purchase.
Example: Our first BRRRR deal returned almost all our cash at the refinance.
Usage notes
The method was popularized in the 2010s by the BiggerPockets investor community. It depends on appraisals coming in high enough and lenders allowing cash-out refinances after a short seasoning period. Pronounced "burr."
Related abbreviations
More real estate & mortgage abbreviations
- ARM – Adjustable-rate mortgage
- ARV – After-repair value
- AVM – Automated valuation model
- BA – Bathroom
- BPO – Broker price opinion
- BR – Bedroom
- bsmt – Basement
- CAC – Central air conditioning
- CAM – Common area maintenance
- CC&Rs – Covenants, conditions and restrictions
- CCIM – Certified Commercial Investment Member
- CD – Closing Disclosure