First Time BRRRR investing - DFW, TX

[Rachael Meyer]

My boyfriend and I have the goal of buying our first rental via the BRRRR strategy by end of year. We have done research, reading and podcasts the past several months in preparation and are ready to start the process. By end of month we plan to meet an experienced realtor, attend real estate events and speak with several hard money lenders. Any advice on how to sell ourselves to hard money lenders when we have not found the house we want to buy yet? Any recommendations on this process in general is very welcome.

Thank you

Rachael

[Willie James]

You don't have to sell yourself to hard money lenders. Your inexperience is paid for in the rates you will be charged; in return a good hard money lender will guide you through the renovation process which is the riskiest part of the BRRRR strategy.