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BRRRR Strategy

Also called: Buy, Rehab, Rent, Refinance, Repeat

A real estate investment strategy: buy a distressed property, renovate it, rent it out, cash-out refinance, and use the proceeds to repeat.

Full definition

BRRRR (Buy, Rehab, Rent, Refinance, Repeat) is the standard playbook for investors building rental portfolios without endlessly injecting new cash. The strategy relies on forcing appreciation through rehab, then refinancing at 75-80% of the new appraised value to pull out most of the original investment. Repeat several times to build a portfolio. Requires accurate deal analysis (ARV, rehab budget, DSCR) and disciplined project management — most BRRRR failures come from underbudgeting rehab or overestimating ARV.

Used for

  • rental portfolio scaling
  • value-add real estate investing
  • distressed property acquisition

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