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Updated almost 4 years ago on . Most recent reply

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4
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3
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Elvis Sanchez
3
Votes |
4
Posts

First investment property (BRRRR Method)

Elvis Sanchez
Posted

Hello everyone, I am here for some pointers on my first investment property. I have about $100,000 and would love to invest it. I am intending to utilize a hard money lender to help me fund the acquisition and rehabilitation of the properties. I have been doing my research on the BRRRR strategy and have been fascinated with this the idea of potentially building my dream portfolio with this method. My goal from this post is to gather information such as how long after rehabbing and renting a property can I refinance it?

I would also like to know, what are some good websites where I can find for properties below market value that will fit my needs. I am in the New Jersey area and want to invest as soon as possible while still taking the right steps which will lead me to the best possible deals. 

Hope someone can help, Thanks!

Most Popular Reply

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1,457
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908
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Matthew Crivelli
  • Lender
  • Massachusetts
908
Votes |
1,457
Posts
Matthew Crivelli
  • Lender
  • Massachusetts
Replied

Hello Elvis,

If you go through hard money on the fix and flip then me and other lenders can refi you into a 30 year after 90 days of ownership. 

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Freedom Capital Funding, LLC
5.0 stars
16 Reviews

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