All Forum Posts by: Johnny Chen

Any updates on this John? I really like this idea of having a place to use when I want and 4.89% isn't a bad return for zero work. 

Hey John, it would probably be good to go through all of them with a fresh pair of eyes as I might have missed something. But so far sites like FundRise definitely cash you out after 5-6 years instead of letting you stay in for cash flow. 

But looking again at sites like GroundFloor, I didn't see any BRRR type deals there, but decided to email them to ask just in case. Good news, they do offer them, but only sometimes.

This is what they said:

"Hi there - thanks for your question. We do offer BRRR products on a limited scale - for the moment, we take these kinds of projects on a case by case basis. The next time one comes available for funding, it will be separated out from our regular LRO offerings under a BRRR Loans category, so you will be able to clearly see which ones they are." 

So good news, they exist on some crowdfunding online sites. We'll just have to keep looking. Let me know if you hear from any others that potentially do it and i'll do the same. 

I'm still looking. It seems all sponsonsors on crowdfunding sites return 100% of your investment, but keep the BRRR'd property for themselves.

Any idea where I can invest in a BRRR online and keep the equity and cashflow after 90% is returned?

@Jay Hinrichs can you point me to an example? All the ones I've seen cash out in 5-7 years by selling the property. So get our money back, but it's in 5-7 years and not 1-2, and also we lose that property's cash flow and appreciation. 

Does anyone know of any online funds such as or similar to Fundrise, RealtyMogul, Ground Floor, that use the BRRR method to build equity, create cash flow, while letting you cash out and get your money back out while still keeping the cash flow?

I love the BRRR strategy but need to do it completely location independently as I spend 11 months of the year living out of the US. 

I'm happy to put $10-$50k into each deal but would rather do it through something with an online portal rather than find individuals to partner with as even though I'm sure some syndicators do this already, I'd rather go through an online platform with a centralized dashboard, ease of info, and others to invest alongside with transparently. 

The benefits of online funds would be ease of communication, deal flow, lower minimums, easier to vet with more eyeballs, more diversification, etc.

Ideal Investment:

I invest $10k-$50k into a each deal.
The property is Bought, Renovated, Rented out then Refinanced.
I get back all or most of my $10k-$50k.
We keep the monthly cash flow.
We retain the equity, and it slowly build.
I invest the $10k-$50k into another deal and repeat.
All if it is done online.

Does this exist? If not, why doesn't it?

Does anyone know of any online funds similar to Fundrise, RealtyMogul, Ground Floor, that use the BRRR method to build equity, create cash flow, while letting you cash out and get your money back out within 1-2 years after refinance

I love the BRRR strategy, but do not want to be a full or part time investor myself. I'm happy to put $10-$50k into each deal but would rather do it through something with an online portal rather than find individuals to partner with.

The benefits of online funds would be ease of communication, deal flow, lower minimums, easier to vet with more eyeballs, more diversification, etc.

Ideal Investment:

I invest $10k-$50k into a deal.
The property is Bought, Renovated, Rented out and Refinanced.
I get back all or most of my $10k-$50k.
I keep the monthly cash flow. 
I retain the equity, and it slowly build.
I invest $10k-$50k into another deal and repeat.
I do all of this online.

Does this exist?  

Hi everyone, thanks for all of the answers and the leads so far. Big thanks to @Ian Ippolito for the insights. 

Crowd Sites - I checked out both Real Crowd and Crowd Street and really like the filtering options on Crowd Street. 

Buy and Hold - It doesn't seem like any of the platforms are focused on long term buy and hold. I'm assuming it's easier and more appealing for most investors to have a 5-7 year exit strategy than to have a property forever. But one of the reasons why I like the idea of the BRRR model so much is being able to refinance your initial cash out, while keeping the property to build equity and cashflow.

BRRR for Multi-Family - Does this model exist? If so can someone point me to an online or offline syndicator, platform or deal that does this?

Deal Analysis - Out of the deals on the above platforms I looked at so far, the Barcelona Apartment Deal on CrowdStreet looks most appealing as it's a A 127-unit value-add multifamily with 10% sponsor co-investment. Any thoughts on why you would or wouldn't invest in this deal?

I think I've found the ultimate investing combination, but does it exist? Here is what it would consist of, I'd love it if anyone has done this or knows of a place where we can invest in a project like this. It would essentially be a BBBR, Buy & Hold, Multi-Family, Syndication Platform combo. 

Multi-Family (40 units and up)

Leveraged (Investors put up max 25%, Bank finances the rest) 

Value-Add (Finding ways to increase property value and rent)

Cashflow Positive (Cashflow positive once stabilized) 

Refinance & Hold (The ability to pull out 50-100% of our initial capital while keeping the property)

Skin the Game (Enough so they're not just gambling with other people's money)  

The above seems doable so far by going through a syndicator, although I haven't seen many who want to buy and hold the properties for cash flow and allow investors to pull out their initial investments after a few years. (Maybe Cardone Capital, as that's what he preaches, but I don't know the details of his actual deals. Any insights?)

Online Platform (The ability to invest remotely and track finances through an online dashboard)

This might be the biggest road block, so if anyone knows of the perfect place to find deals like this that aren't online, please point me to them. But ideally I'd like to invest into deals like this through some type of online platform such as FundRise, RealtyMogul, etc, because I live 90% of the time outside of the USA and do everything virtually online. It's much easier to login to a dashboard and do bank transfers online than deal with things in person or paper. 

The other benefits of an online platform would be 3rd party vetting since these platforms also have a reputation to protect, and the ability to easily scale by allowing a bunch of $10,000 investors into a deal, instead of having $100,000 minimums.

Question - Does this real estate investing unicorn exist and if not, why doesn't it? Is there something that makes this unlikely or impossible to offer? If it does exist, can someone please point me into a direction on how to find and invest in a deal like this? The closest thing I've found and invested in so far is the Growth eREIT with Fundrise and the MogulREIT II but it seems like the plan of exit is to liquidate after 5 years for a windfall.

Ideal Situation, Ideal Life - Basically what I'm looking for, and I'm sure a lot of other people in the world is a way to put in $XX,000 amount of capital, have that money be used to buy a value add multi-family, stabilize it, start collecting a bit of cashflow as well as having the tenants pay down our mortgage, refinance after a few years to take back out 70-100% of our initial investment, (which we can then use to buy another deal like this), while keeping the property to cashflow, and eventually after 15-30 years owning the property free and clear for higher cashflow. 

Does this exist? It really seems like the dream situation for me and I'm sure a lot of other hands off investors? Thanks for any insights, thoughts or suggestions.