Self-Financing First Leg of a BRRRR

[Adam R.]

I am educating myself on the BRRRR strategy in preparation for investing. I am targeting cash-flow properties in the $40-$60 thousand dollar range. With the ultimate goal to scale up to a point that I can quit my jump and moving into investing full time. My questions is, If I have sufficient cash on hand to finance the purchase and repair of a few projects, is it better to use that cash or is there still a benefit to using private money? I am just starting out, so I don't plan to have more than a couple projects occurring simultaneously. I understand that down the road, if I am able to scale up to more projects simultaneously, private money may be required. Appreciate any insights. Thanks