How We Made $238,000 From Our Moldy House BRRRR Project (Explained!)
Summary
Sharon and Sean Pan discuss their experience with the BRRRR (Buy, Rehab, Rent, Refinance) strategy on a moldy house they purchased for $120,000. They detail their efforts to renovate and rent a property, with challenges including a 7-month timeline, short sale conditions, managing contractors, and the costs associated with mold remediation and financing the property. Despite these challenges, they were able to get a cash-out refi of $247,500.
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