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Updated almost 5 years ago on . Most recent reply

User Stats

152
Posts
126
Votes
Peter Fennig
  • Investor
  • Fort Wayne, IN
126
Votes |
152
Posts

BRRRR Strategy question??

Peter Fennig
  • Investor
  • Fort Wayne, IN
Posted

Hi bp, I've been flipping for the last 10 months while at the same going through a divorce for the last year and a half. That finally came to an end back in march but severely damaged my credit which was in the low 700's prior to the divorce. I've been in the process of fixing it since May after liquidating an investment property but really do not wanna wait any longer to start building a rental portfolio through BRRRRing! 

My question is what options are there for someone in my position to BRRRR some of these flips I'm doing when it comes to the Refi portion?

Has anyone done anything creative with BRRRR's and a partner who's got the good credit score and W'2 job...and if so what's that contract/partnership look lile?

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