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Updated about 6 years ago,
Is using hard money to do a BRRRR method a good idea. 1st project
Hi Bigger Pockets community. My Name is Nick Cantwell, I am from South Atlanta area looking to get my feet wet with buy and hold investing. My current background is in car sales which is my current full time job.
My Big question to all of you would be: Is it feasible and still profitable to use a hard money lender to start a BRRRR method project? And if so, how do you secure a hard money lender on standby with zero Experience.
Also my current home has 70k in equity which I'm currently listing to be sold. Would it be better to use it as my first BRRRR project?