Real Estate Term

BRRRR

Buy, Rehab, Rent, Refinance, Repeat — a capital-recycling investment strategy.

Reviewed 9 August 2026 by Keiron Brown, Founder & Editor, CalculateRealEstateROI · Educational estimates only — not investment, financial, tax, or legal advice

Explanation

Invented to scale rental portfolios without raising new capital per deal. Success depends on creating enough forced equity to refinance most or all original capital back out.

Example

Buy $80k + Rehab $40k = $120k all-in. ARV $180k. Refinance 75% LTV = $135k loan, recovering all $120k.