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.
Innovative Strategies
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

29
Posts
14
Votes
Aaron Port
  • Real Estate Agent
  • Uniontown, OH
14
Votes |
29
Posts

Private Money for BRRRR

Aaron Port
  • Real Estate Agent
  • Uniontown, OH
Posted

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

User Stats

29
Posts
14
Votes
Aaron Port
  • Real Estate Agent
  • Uniontown, OH
14
Votes |
29
Posts
Aaron Port
  • Real Estate Agent
  • Uniontown, OH
Replied

@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!

Loading replies...