BRRRRs (Buy, Rehab, Rent, Refinance, And Repeat) – Hard Money Loans, Bridge Loans

To schedule a free loan consultation, please call (254) 230-0012 (for loans in Texas) or (503) 222-4466 (for loans in Oregon and other states).

Buy. Rehab. Rent. Refinance. Repeat. This “BRRRR” strategy is popular with real estate investors who want to build their portfolios, without tying up significant amounts of capital indefinitely.

We love to work with BRRRR investors, and we can often provide financing for this type of real estate investing when other traditional banks and mortgage companies can’t!

Step 1 in BRRRR: Buy

The first step in BRRRR typically involves buying a property that has the potential for the value to increase through rehab. Ideally, the property will be underpriced because of its condition and/or some other factor that is discouraging to other buyers. Unfortunately, however, the same factors that will make the property a “bargain” for an investor might make it a hard “no” for a bank or mortgage company. Luckily, where other lenders say “no,” we often can say “yes.”

Step 2 in BRRRR: Rehab

The next step in the BRRRR process is to renovate or rehab the project to boost its market value and appeal to renters. Again, many traditional lenders shy away from rehab projects because of the uncertainty and risk. Fortunately, we don’t!

Step 3 in BRRRR: Rent

Once the property is renovated, the next step in BRRRR is to rent it out, ideally for an amount that yields a profit, after you’ve paid operating expenses and any debt service.

Step 4 in BRRRR: Refinance

Once the property has tenants in it and is generating income, you now might be able to refinance the property with a traditional mortgage. The aim in this step of BRRRR is to secure a new loan based on the post-rehab appraised value of the property, which should be significantly higher than the initial purchase and rehab costs. This step in BRRRR is critical, because it allows you to pull out most or all of the money that you initially invested in the property, which can then put toward your next real estate investment.

Step 5 in BRRRR: Repeat

With the money you have from the refinance, you can then “repeat” the entire process, expanding your real estate investment portfolio with each new property.

Risks In BRRRR

One of the primary risks in the BRRRR strategy is that you might not be able to secure financing…just when you need it the most.

Hard Money Loans For BRRRR

And that’s where we come in! At TriTalent Funding Group, we can provide the real estate financing you need, when you need it. We approve loans quickly (within a few days) and can typically fund loans within 7 days.

We provide short-term loans (up to one year) that range from $75,000 to $7 million, and we can loan to individuals, partnerships, LLCs, corporations, and trusts.

There’s no pre-payment penalty on our loans, and you pay interest only over the term of the loan, through monthly payments.

Other Types Of Residential Loans

In addition to providing hard money loans for BRRRRs, we also provide loans for fix and flip projects, renovations and rehabs, non-owner occupied and rental properties, and vacation homes and second homes.

For more information about single family residential loans, or to schedule a free loan consultation, please call (254) 230-0012 (for loans in Texas) or (503) 222-4466 (for loans in Oregon and other states).

Please note that we provide hard money loans throughout Texas, including: Dallas-Fort Worth, Austin, Waco, and San Antonio. We also provide hard money loans in Oregon, Washington, California, Nevada, and Arizona.