BRRRR with private or hard money lender

[Kenny Durrant]

I am getting started with real estate investing and am working on finding my first property. My main challenge is financing a deal. I am interested in the BRRRR strategy, because unfortunately I don't have much money on my own at the moment to begin investing. There are a few things I don't quite understand about the BRRRR strategy. What are the typical metrics used when organizing a deal with a lender? What percentage return do they typically look for when lending money for this type of deal? How quickly do the lenders typically want to see their agreed upon return? I would really appreciate any feedback on my specific questions, and any other advice about the BRRRR strategy.

Thank you