BRRRR Strategy with DSCR Exit

How to structure a BRRRR strategy using hard money for acquisition and DSCR refinance for the long-term hold.

BRRRR (Buy-Rehab-Rent-Refinance-Repeat) pairs perfectly with DSCR. The strategy uses short-term hard money for acquisition and rehab, then DSCR refinance after stabilization. The DSCR refi proceeds recycle into the next deal.

The 5 phases

Buy (hard money, 9.5-12.5% interest, 1-3 points, 12-month term). Rehab (escrow draws over 3-6 months). Rent (lease up, 1-3 months). Refinance (DSCR at 75-80% of stabilized ARV, 30-year amortization). Repeat.

One-stop BRRRR lenders

Lima One Capital, Kiavi, Renovo Financial, Easy Street Capital all offer both hard money acquisition + DSCR rental refi as a coordinated program — simpler than juggling two lenders.

Cash-left-in-deal math

Total acquisition + rehab cost vs. 75% of stabilized ARV. If all-in is under 75% of ARV, the BRRRR returns 100%+ of capital. If higher, some cash remains in the deal.

Run the numbers: BRRRR calculator · DSCR calculator

Lenders in the directory writing BRRRR acquisition-to-rehab loans

Filtered directly from each lender's own products tag in the directory — not a claim that a lender supports this specific strategy, only that it originates this loan program. See the full directory for terms, minimums and each lender's verification date.

Renovo Financial Kiavi Lima One Capital Easy Street Capital LendingOne RCN Capital Anchor Loans New Silver Civic Financial Services Backflip Constructive Loans ROC Capital Lendai Finance

Frequently asked questions

How long does a typical BRRRR cycle take?

5-12 months total: 1-3 months acquisition, 3-6 months rehab, 1-3 months stabilization, then refinance.

What DSCR ratio do I need for the refi?

Most BRRRR-DSCR lenders require 1.0+ DSCR at refi. The 0.75-0.99 range may be acceptable with rate adjustments.

Can I do BRRRR in multiple states?

Yes — DSCR lenders are national. Many active BRRRR investors operate in 5-15 states simultaneously.

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