Successful BRRRRs with 20% Down?

[Armando Alvarez]

Hey All,

I’m getting into real estate investing and want to start by BRRRRing from out of state. I can buy a fairly distressed property with my own cash, but don’t have the cash to do an effective rehab. However, I could do the rehab if I get conventional financing with 20% down. I’m having difficulty finding a partner to bring in additional cash, so am considering doing this.

My question - has anybody out there done a successful BRRRR this way?

Thanks,

Armando