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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!

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