We negotiated a favorable deal by assessing the needed renovations and offering $60,000 to secure it quickly.

They work great, can be one of the most cost effective lead-gen methods out there when done right.

@Ronit Lodd as a tax professional, I’ve seen people use all types of methods.

While completing a Cost Seg study, they were very resistent to me using 6% and because of time-sensitivity, I decided to default to the "rule of thumb" method that you mentioned and used 80/20. 

Hello Everyone,My name is Carlene and I am a new real estate investor interested in brrrr method of investing.

One individual needs to make the final decisions.Dispute Resolution: Define and agree on a method for resolving disputes that may arise, such as mediation or arbitration, to avoid litigation.Change in Marital Status: What happens to the ownership if a party gets married or divorced?

Personal loan secured by the property: Same deal, no verbiage that I see making it appear that this is personally guaranteed3.

Essentially still making the Brrrr method work with this type of loan? 

I don’t know if Jerryll’s method is the only way to obtain leads efficiently, but I hope everyone else beliefs him so I can stop getting solicitations! 

I’ve been seeing a lot of interesting deals lately, but the traditional financing methods don’t always cut it for some investors.