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Updated about 5 years ago,
How to structure BRRRR with OPM?
Good Day All Investors,
I am a newbie investor that just closed on my first duplex this week. I am looking to structure some future deals with OPM by offering 10% ROI within a year or less so I can BRRRR, keep the property for buy and holds and return investor money with the interest. What is the correct way to structure something like this? Would clock start running while I am seeking more funding? Don't want to focus it around a specific deal because those can be here today and gone tomorrow. Just curious what would be the best way to approach this? I already have family and friends willing to invest with me with my success of past Entrepreneurial Ventures I have built. Also what about those investors that may want in on the actual long term investment as opposed to the 10% ROI?
Thanks,
Mark