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Updated almost 8 years ago,
Tarcizio GoncalvesPoster
Pro Member
- Rental Property Investor
- Palm Beach County, FL
- 40
- Votes |
- 150
- Posts
Using other people's money
Hello BP community,
I've been on BP for almost 2 months now and its been such a great experience. I know so much more about REI and I am very excited to buy my first investment property. One thing that I keep hearing over and over again on BP is to invest using other people's money. What does this really mean? Does this only work on a BRRRR strategy? I plan on buying a small multi to buy and hold (having cash flow) every month. I dont believe this scenario will work for me unless I buy a multi and use the BRRRR strategy correct?
Thank you All