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Updated about 5 years ago,
Finding a Funding Source to do a Real Estate Deal
Hello BP! I am currently looking at acquiring a TriPlex in the Minneapolis area to do the BRRRR strategy. In theory I know how the BRRRR works but I would prefer not to use any of my money or my partners. I understand in the Network Tab, there are lenders existing there but I can really use your help outlining the process I should be aware of to make this happen. Should I be calling local banks or calling friends and family and should I do any of this prior to making an below market value offer? The property is listed for just under 200k and needs a good 50-60k in rehab.
Any help would be great!
Leticia