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Strategy · 7 min read

The BRRRR method, financed end to end

BRRRR stands for Buy, Rehab, Rent, Refinance, Repeat — a strategy for recycling the same down payment across multiple properties. The key is financing: you acquire and renovate with a short-term fix & flip or bridge loan, then refinance into a long-term DSCR loan once the property is stabilized, pulling your capital back out to do it again. Qualr Capital funds both ends of that cycle.

The five steps of BRRRR

Buy below market, usually a property that needs work. Rehab it to force appreciation and command market rent. Rent it to a qualified tenant. Refinance into a 30-year DSCR loan based on the new, higher value. Repeat with the cash you pulled out.

How Qualr finances each step

For the buy + rehab, Qualr’s fix & flip loan funds up to 95% of cost plus 100% of the rehab budget, with draws reimbursed within 24 hours. Once the property is rented and seasoned, you refinance into a DSCR loan up to 80% CLTV cash-out — ideally returning most or all of your initial capital.

A BRRRR numbers example

Buy at $180,000, put $40,000 into rehab (all-in $220,000). After repairs it appraises at $300,000 and rents for $2,300. Refinance at 75% of the new value = $225,000, which repays the original loan and returns your cash. You now own a cash-flowing rental with little of your own money left in the deal.

Common BRRRR mistakes

Over-improving for the neighborhood, underestimating rehab, and ignoring the appraisal gap are the usual killers. Run the refinance math before you buy: if 75% of the projected after-repair value doesn’t cover your all-in cost, the capital won’t fully recycle.

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Frequently asked questions

What loan do I use for the rehab in BRRRR?
A fix & flip or bridge loan funds the purchase and renovation (up to 95% LTC + 100% of rehab at Qualr), then you refinance into a long-term DSCR loan.
How soon can I refinance after the rehab?
Once the property is stabilized and rented, you can refinance into a DSCR loan — typically pulling cash out up to 80% CLTV.
Can I do BRRRR with no money down?
Not entirely, but high LTC plus 100% rehab funding and a strong cash-out refinance can return most or all of your initial capital so it recycles into the next deal.
Keep reading
DSCR loans explainedAirbnb & short-term-rental DSCR loans95% LTC fix & flip financingCross-collateralization & blanket loans