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Updated over 6 years ago on . Most recent reply

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66
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Eder Aldana
  • Real Estate Agent
  • Westcheser, NY
22
Votes |
66
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Help with Brrr strategy ?

Eder Aldana
  • Real Estate Agent
  • Westcheser, NY
Posted
I want to start purchasing my 2nd property and I would love to follow the Brrr strategy , My question is what is a better financing for the Brrr strategy ? To use seller finance to purchase a property and use my own money to repair it( i would have to purchase something that does not need more then 10k of work) Or use a heard money loan to buy the house cash and also repair it and then do the refi to pay the loan back ? Any info will help thank you!

Most Popular Reply

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Brian Garrett
  • Real Estate Investor
  • Palm Beach County, FL
2,019
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Brian Garrett
  • Real Estate Investor
  • Palm Beach County, FL
Replied

Either option would work it just depends on how the deal is able to be structured with the seller.

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