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Updated over 1 year ago,

User Stats

10
Posts
3
Votes
Todd Kendrick
  • Durham, NC
3
Votes |
10
Posts

New investor- Trying to figure out financing to cashout

Todd Kendrick
  • Durham, NC
Posted

I am trying to find financing for deals while using the Brrr method, so I can recycle my cash and don't have to come out of pocket. I mean who has money laying around to put into a property and stop at one deal.

I know there are alot of different ways trust me I have spoken with alot of lenders by trying their flip loans, dscr loans, but nothing seems to allow me to cash out refi and get my money back.

Simple example 120k pp, 40k rehab, arv 220k , with about 1500 rent- seems reasonable

Can I get examples of what everyone else is doing.

Thanks

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