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Updated about 8 years ago on . Most recent reply

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5
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Anthony Musi
  • Coraopolis, PA
0
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5
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Help with private investing and BRRR strategy

Anthony Musi
  • Coraopolis, PA
Posted

Hi all. My specific situation is the following. Me and a partner want to use the BRRR strategy using private investors. We both have secure good jobs and decent credit scores. Some money in the bank to afford a 25% down payment for a loan from a bank on a rental property, but we dont want to take loan from bank due to BRRR strategy. We are looking to buy a house for 40- 50 grand and rehab it, get it reassessed by bank and refinance and take loan out on value of house. We do not want to take initial loan from bank because then they won't reassess

We have no connections for private investing, does anyone know where to find private investors?  Iv'e found some websites that have lending platforms for real estate investors, has anyone done this?  Any tips on which sites or platforms or good or any help in general would be great thank you!

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