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Updated about 4 years ago on .
Use wholesalers to find BRRR opportunities?
I all! New to BP’s so thankful for any advice.
I own several rental properties and looking to get into the BRRR method. However, I also run a non real estate related business and don't have the time to search for opportunities.
I have a couple of questions:
1. Is using wholesalers to bring me good opportunities a decent idea?
2. I hear people describe BRRR as a way to acquire/flip properties with out using ones own money. However, if you use a hard money loan you'll have to make interest payments while you rehab, rent, and refinance right? Or am I missing something? Assuming I'm right, you'll need at least the cash to carry this.