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Updated almost 5 years ago on . Most recent reply

User Stats

12
Posts
4
Votes
Adam Karr
  • Flipper/Rehabber
  • Millstadt, IL
4
Votes |
12
Posts

How do I pay back investors

Adam Karr
  • Flipper/Rehabber
  • Millstadt, IL
Posted
I currently have 35 units that are a mix of single family homes, duplexes and a 7 unit building. I have been using the brrr method and want to start using private money lenders to help grow faster. I would appreciate any advice on how to structure the payments and partnerships with investors.

Most Popular Reply

User Stats

4
Posts
3
Votes
Char Whitecotton
  • Rental Property Investor
  • Houston, TX
3
Votes |
4
Posts
Char Whitecotton
  • Rental Property Investor
  • Houston, TX
Replied

@Adam Karr I was wondering the same thing.

Also interested in how you are securing financing through the BRRR method. From what I've read, I see it requires a loan for repairs/ purchase price which is then refinanced. Is the loan coming from a brick and mortar bank, hard money lender, etc.

Current landlord of 2 rental properties in Houston which were purchased with a conventional mortgage. Looking to expand my business quicker than this traditional way of purchasing allows. Appreciate your insight!

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