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Updated about 7 years ago,
How do i find funding for my deals?
Good morning BP,
I have been attempting to get into real estate investing for over a year. I have found many deals, but have not been able to secure funding for the deals I've found. I have wholesaled a couple of houses, but I really want to get into the brrrr strategy. I'm finding houses in my area for less than $10k each that are in descent neighborhoods. Yes, they require a lot of work, but the comps support the amount of work they need, typically around $30k-$40k in rehab each. Comps on these houses range from $65k to $80k ARV with one of the houses will have an ARV of $150k, but it will require about $75k in rehab costs. I've been told if you find deals, the funding will be there. if anyone could give me advice, or point me in a good direction, I would greatly appreciate it.
Steve Loury, Jr.
S&A Properties of SI LLC