You can’t BRRRR A Seller Finance Deal?

[Pierre E.]

*OPM to renovate a seller finance deal?*

Hey BP Family, would love your input.

With seller finance, do you need to come out of pocket for renovations? Or do you just avoid value add deals and go for minimal rehab?

If you buy on seller/owner finance terms, (or subt to?) because the seller isnt an actual bank, if you renovate from a value add standpoint you dont typically refinance do you? If you did, its not likely the seller would give you money back with which to pay off a private money lender… and in addition most seller finance deals (not as much with sub to) the purchase is more often over market and not a discounted, value add type of property right? Is it because I am only thinking small residential property?

How do you scale properties you need to renovate? How do you use private money lenders in the deal?

I hope I am not just missing something obvious! Thanks in advance for your wisdom and your time