BRRR strategy advice for triplex

[Brennan Crick]

I’m trying to get more info on doing a BRRR strategy. I currently have a triplex under contract. It’s a “creatively” put lease option where I control the property and I pay the seller a percentage of the rents I collect untill I’m ready to purchase the property as a down payment torwards the purchase price ( it’s a year long option to buy) currently I’m renovating the property and getting it ready to rent. And I have untill April of next year to buy the property. SO! With that being said, what the best way to prepare myself to buy, and refi? I will already have tenants in place. And on another note, my credit isn’t all that good and I put all my credit and resources into the renovation. My debt to income is very high. Is there a broker that you have to line this up with? I talked wIth a hard money lender and He laid out to pay the 10% on the purchase price, and then refi into the appraised vaIue of the property after the renovatIon. So he‘ll cash out on the equity and all my hard work! I kinda need that sweat equity. And this is my FIRST deal! Any info will be greatly appreciated!! The property in located in Norfolk, Va.