Owner finance and brrrr

[Zakee Richardson]

My question is can you owner finance a property and use the brrr strategy?

[Joseph A.]

@Zakee Richardson yes it is possible as long as the price you get it for is low enough for you to force equity. You can cash the previous owner out of the note after you renovate and get the property rented and do a cash out refinance. Just be mindful of the terms of the seller financing, some people put penalties for early payoff.