I haven't explored hard money lenders because I can't handle the high percentage rates and balloon payments.

I know there are different ways/methods about doing so.

My plan is to use the BRRR method and I will be looking to fund the deal with cash at about 40k (is this realistic?) 

My question to that response is...What ways or methods would you go about in finding and locking down private money for your deals?

Hi All,In my search for deals and I have come across a REO property that I think works for the BRRRR method. 

The 70% rule you quoted above is a common quick evaluation method.

I've read a lot and listened to a lot of BP podcasts, but not sure what financing methods might work here (if any) or if FHA is the best option.

I listen to the podcast just about every day and I wanted to see if you guys could recommend some books on the different types of lending methods out there.

I listen to the podcast just about every day and I wanted to see if you guys could recommend some books on the different types of lending methods out there.

The only security deposit deductions should come from move out damage.By this method your property is always in tip top condition and turn over costs are reduced to your normal wear and tear items.