The BRRRR Strategy: A Complete Playbook

BRRRR (Buy, Rehab, Rent, Refinance, Repeat) lets investors recycle the same capital into deal after deal. Done right, you can end up with a cash-flowing rental and most of your original cash back.

The five steps

Each step has a specific loan product and timeline.

• Buy: hard money / bridge loan (85% LTP + 100% rehab)
• Rehab: draw funding, 60–120 days typical
• Rent: stabilize with a signed lease
• Refinance: DSCR cash-out at 75% LTV after 3–6 month seasoning
• Repeat: redeploy cash into the next acquisition

Seasoning rules for cash-out

Most DSCR lenders require 3–6 months of ownership before cash-out at appraised value. Under seasoning, cash-out is capped at loan payoff + closing costs.

Frequently asked questions

Can I really pull all my cash out?

Only if you buy right — typically at 65–70% of ARV. If your all-in cost equals 75% of ARV, a 75% DSCR cash-out returns 100% of your capital.

What if the appraisal comes in low?

You leave the difference in the deal. Building a strong comps package for the appraiser and choosing lenders with local AMCs reduces this risk.

Apply now · Talk to a loan advisor

https://gelitecapital.com/resources/guides/brrrr-strategy-guide