This is one of the most old school tricks in the books 📚 but nowadays it seems it’s not commonplace anymore. It’s a shame! This is basically a way to pull money 💰 out of thin air and pay 💰 over and over again. But how can that be?

Think about when you buy a home. Do you actually have the money the home is purchased at? Usually no. You finance it because that $550,000 asking price is not what you have in that bank but what you are approved for by a lender. The same is true in the #brrrrstrategy method; except with #brrrr you ALSO get the money 💴 you are financing in a lump sum! Plus, remember you are renting it out to get the #cashoutrefinance paid off. You basically get the house for free AND you get way more back in a refund than what you paid for it. That cash 💷 back can be used to pay 💰 off student 👩‍🎓 loans, 🚘 payments, your mortgage 💸 on your own home 🏡, or anything at all. It can be just sitting 🪑 in the bank 🏦 in an #hysa account earning interest up to 25x the rate as your current savings account. It’s up 🆙 to you!

For more information on this, I have a beginner course on #realestateinvestingtips and #realestateinvesting with traditional financing methods and a guide to those loans; as well as how to leverage your own home 🏠 to do the same thing as the BRRRR Method. DM to get the course! It’s only $25 and available for life.