BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated about 1 month ago on . Most recent reply
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How to get started?
Hello, I am looking into brrrr method and think it would be a great fit for me. I am able to do majority of the work involved and have been in trades for over ten years. My question is where do I start with funding and how would I find investors if needed? I would greatly appreciate your time and knowledge.
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Hey Anothony -
Are you new to investing / do you have previous reno experience? A lot of rehab lenders will account previous reno expereince when it comes to terms. Also, have you looked into DSCR loans for the refinacne portion? If not, I have included an article below that sheds light.
Good luck, and happy to connect.
https://www.biggerpockets.com/blog/brrrr-loans-what-are-the-...