Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
New Member Introductions
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago on . Most recent reply

User Stats

3
Posts
2
Votes
Ja'Mere L French
  • New to Real Estate
  • Springfield, OH
2
Votes |
3
Posts

Looking to start out using the BRRRR method here in Dayton, Ohio

Ja'Mere L French
  • New to Real Estate
  • Springfield, OH
Posted

I am new to the real estate game, but I am looking for my first property. I do not have access to a private lender so I plan on using the hard money method to buy and rehab the property. What are some things I should pay attention to, to ensure I minimize my mistakes? 

Thank you for your help!

Most Popular Reply

User Stats

5,493
Posts
6,472
Votes
Remington Lyman
  • Real Estate Agent
  • Columbus, OH
6,472
Votes |
5,493
Posts
Remington Lyman
  • Real Estate Agent
  • Columbus, OH
Replied
Originally posted by @Ja'Mere L French:

I am new to the real estate game, but I am looking for my first property. I do not have access to a private lender so I plan on using the hard money method to buy and rehab the property. What are some things I should pay attention to, to ensure I minimize my mistakes? 

Thank you for your help!

 Hard money lenders (at least in Columbus, Ohio) are going to want to see experience from their borrower, a scope of work, after rehab values, and an exit strategy before they lend to you. I would recommend that you reach out to one before getting into contract on something.

  • Remington Lyman
business profile image
Reafco
5.0 stars
12 Reviews

Loading replies...