Where does the money come from? (BRRRR)

[Kevin Cardona]

Hello BP Members! This my first post. After being a member of BP for 2 years and soaking up as much of the priceless information on here as I can, I decided to finally get started on my investing journey. I will be taking the BRRRR route. I've read up a lot on the BRRRR method but one thing I can't seem to understand is where does the money (and interest) to pay back the private investor or hard money lender come from. I know there are rare occurrences of "no money down" investing and that as a new investor, I'll be giving away the majority of my profit, if not all.

Also, I would like to know your thoughts on approaching a private investor. 

Thanks in advance,

Kevin

[Caleb Heimsoth]

If you want to approach a private investor, either have a great deal or offer them a majority of the profit in return for them teaching you.

Another helpful tip I learned from the podcasts is always make sure your investor makes money, even if you lose some. It'll help you in the long run.

Also listen to the podcasts, I'm averaging 4 a day and it's invaluable