Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago,
BRRR and Hard Money
Hello,
My name is Vincent, i recently moved to Raleigh, North Carolina and i want to start in the REI business.
I work as a network Engineer, and i have a decent income but i don't have enough employment history in the united state(I was in Dominican Republic since i was a teenager) so i don't get a approve.
After listening this today's Webinar it got me thinking about the BRRR rule an dhow to buy property from private lender and then refinance it with a commercial bank.
Should i use money from a Hard Money Lender to buy my first house, then when i have enough history use the bank and pay bank the lender?
Thanks,