BRRRR Capital Partners (Off Market)

[Deon White]

Currently under contract for a large off-market residential property.

Quick details: 4,200+ sqft 12bed / 5bath (2 kitchens) (No a flood zone)(Light - Medium rehab / rent-by-the-room play)

My partner has been a PM in this community for 20+ years and is highly confident in this deal (as am I).

The current issue is, we aren't confident the property can close with a bank due to a few seller complications.

( ^Very long story, but if you want to hear it I will tell you haha)

We're looking to over-raise about $335k ($255k purchase and $80k for the rehab).

But we (and our contractors) know the rehab portion will come in a bit lower.

Can anyone point me in the right direction?

[River Sava]

Quote from @Robin Simon:

Are you strictly looking for an equity raise?  Have you talked to private lenders / hard money lenders?

 Going off of this, do you have flip/rehab experience within the last year? If you decide to seek private/hard money they will typically require prior expereince.