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Updated over 4 years ago on . Most recent reply
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Private Money for BRRRR
Trying to learn all I can on the BRRRR method. Can someone explain to me the process of using private money from investors in the BRRRR method and how I then pay them back and then still have enough money to move on to the next deal just off of the refi?
It will be my first deal. And I know some say not to use this method on the first deal, but I know it works and it’s repeatable if you have the systems in place so I would like to use it.
Thanks for the knowledge!
Most Popular Reply
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@Kenneth Garrett awesome! Thanks, that's what I was looking for. So you're not always walking away with enough money at the beginning to go and full on purchase another property, but you are generating profit that, after a few times of doing it with private investors, you have the money to do it yourself without them if you wanted. Thanks for the info!