All Forum Posts by: Tim Jaley

@Matthew McKee I think this is more along the lines of something that I would pursue. If I could get these down payments funded, I could acquire numerous properties. Structurally, the deals are almost complete, the last puzzle piece is the down payment. The challenge I'm trying to solve is how to structure the down payments themselves and make it repeatable and scalable. Thanks for the reply; I'd love to connect.

@Andrew Postell I have heard of the BRRRR method. It was a potential exit strategy that I was considering on another property I owned but, ultimately, I ended up flipping it instead. I don't think that the BRRR method will work on these houses I've seen lately due to the fact that the rehab needed would be little to none, and as such, they are priced near their ARV.

Hi All,

I currently have a couple SFH rentals that I used a HELOC (against primary residence) for downpayment and rehab. They needed light rehab, and the purchase price reflected that in the sense that they were close to the ARV. Despite this, these cash flow nicely in this area. Lately, I have seen houses for sale that need little to no work. I know from experience that these properties will cash flow very handsomely. However, I have been forced to pass on 4 or 5 of them because I do not personally posses the cash for downpayment. I have a few HMLs I've been communicating with that are ready to fund, but I still need to produce about 20% - 25% of PP for downpayment. I am hoping that people who have been in a similar situation may be able to chime in here: What are some of the non-traditional or creative, thinking-outside-the-box ways you have funded the downpayment (or structured deals like this) to allow for absolute scalability?

TIA!