BRRRR strategy lending

[Briana Gilbert]

Hi,

I've been researching the BRRRR method and want to get started. For those that used this method I'm curious to know how you went about finding hard money or Private lenders to fund the deals.

Thanks,

Briana

[Paul Welden]

@Briana Gilbert The FHA 203k can definitely be used for BRRRR as long as you intend to live in the property for a minimum of 1 year which should be quite easy to do.

If rehab takes 4-6 months,  then you move in, then refi after month #6, then you start getting your finances in order for the next property, then you start actively looking for the next property ... and by the time you're ready to buy the next property, 1 year has already passed and you're in the clear!  All for only 3.5% down payment!