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Updated over 4 years ago on . Most recent reply

User Stats

33
Posts
11
Votes
Christine Smith
  • Rental Property Investor
  • Nashville, TN
11
Votes |
33
Posts

BRRRR Newbie question about order of operations!

Christine Smith
  • Rental Property Investor
  • Nashville, TN
Posted

Hey all, Let's say I find a deal I like (which I believe I did) for a BRRRR. I've analyzed the property, used bigger pockets calculator/propstream etc. and it looks like it'll work as a BRRRR. Is it best to put the offer in on the house first, then if it's accepted, look for hard/private money? And then just tell the owner that my offer is contingent on funding? Or do you typically look for hard/private money first?

Then after (let's say seller agrees) I have a contingency period where I can get my inspections done and have my contractor check it out? Then we can enter re-negotiations?


Thanks!

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