Brrr

[Ryan Keenan]

hello BP friends, I've been trying to do more research on the brrr strategy.  I'm still alittle confused on the acquisition part. Is the only way of obtaining the property either  hml or private money if you DO NOT have the funds avaliable? I thought I was reading small banks or portfolio lenders will lend? Will they lend even if the property is in ruff shape and will not meet conventional guide lines? Furthermore and this is  probably a stupid question but confused on what or how to determine what a small bank is?

I've been reading and listening to people who have 60 or more units and started with around 20k and are or are on the verge of retireing. Is this really reality? just really trying to figure this out.  I'm working 3 jobs and have 4 units. Rehabbing the fourth to rent. Just looking for an easier method of doing things. 

Thank you for and advice

Ryan