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Updated almost 4 years ago on . Most recent reply

User Stats

33
Posts
11
Votes
Christine Smith
  • Rental Property Investor
  • Nashville, TN
11
Votes |
33
Posts

Seller financing BRRRR

Christine Smith
  • Rental Property Investor
  • Nashville, TN
Posted

Hey all!

Can anyone explain how I can do seller financing or subject 2 BRRRR or flip with little of my own money? I figure if I rehab, I'd need HM but I've heard you can use "gap funding" to cover the cost? Does this sound right? Can anyone explain some creative strategies that may not require I have 20% (give or take) of the loan amount liquid? People say with HM you don't need any of your own money but minimum I've found is 20% of the loan amount is needed as skin in the game. Thank you!

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