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All Forum Posts by: Dean Murray

Dean Murray has started 1 posts and replied 2 times.

Post: Hard money for first investment

Dean MurrayPosted
  • Investor
  • Edmonton, Alberta
  • Posts 2
  • Votes 1
Quote from @Joel Link:

Hey Dean, why are you looking to buy the property with cash? Is it a mortgage qualification issue?

I’ve been going through David Greene’s BRRRR book and this is the course of action he recommends. I’ve read up on other methods and I’m unfamiliar with HML’s so I’m trying to gauge the risk in going that way

Post: Hard money for first investment

Dean MurrayPosted
  • Investor
  • Edmonton, Alberta
  • Posts 2
  • Votes 1

I'm looking to get into the BRRRR method of investing but with have to wait a year or two to save enough to try to buy with cash. Is it foolish to use hard money for my first investment? I'm ok with the risk but I've never used hard money and I'm unsure what exit strategies I would have if it goes off the rails.