BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated over 1 year ago on . Most recent reply
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Using the BRRRR Method with no money down.
Hello everyone, this is a newbie question from a new investor trying to get his feet wet in this method. I wanted opinions on wether it is advisable to use the BRRRR method with no money down out of pocket? Has anyone done this before? What should the numbers look like for this example?
I was looking for private lending for the purchase and rehab and then refinancing to pull money out to repeat.
Any examples, opinions or numbers ?
Thank you.
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I think it highly unlikely you'll find a private lender willing to lend you purchase and rehab money without you putting anything down.
If you don't have the cash to come out of pocket, I recommend finding a partner who does and team up with them on some early deals to build up your capital.