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JF3243: Jim Fredo — Applying the BRRRR Method to Multifamily, How to Know When It’s Time to Cash Out and Refinance, and How to Source Adequate Contracting Work
Season 1 Episode 3243
Jim Fredo is the key principal and founder of Spring Capital Partners, which employs the BRRRR method to add value and refinance funds quickly, holding long-term for cash flow. In this episode, Jim shares his business plan and timeline for cash-out refinancing on multifamily deals, what he learned from a recent 28-unit purchase, and how he’s overcome the biggest struggle of finding adequate contractors to cover the renovations.
Jim Fredo | Real Estate Background
- Key principal and founder of Spring Capital Partners
- Portfolio:
- 97 doors
Single-family rentals and multifamily
- 97 doors
- Based in: Pittsburgh, PA
- Say hi to him at:
- Best Ever Book: Can’t Hurt Me by David Goggins
- Greatest Lesson: Be creative, but don’t force a deal.
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Published on 2 years, 4 months ago