I would never play the games today of $30k and “best and final” possibly even bidding yourself up.

The main lender we used, we had an hour consultation and we told him what we wanted, he asked questions and we came up with a game plan together.

Now, a profit share in lieu of monthly payment for service is fair game here. 

So I know the main idea of a good BRRRR is to get a hard money or private lender that will pay all or most of the purchase and maybe the rehab along with maybe a down payment on your end to show “skin in the game”.

Once you have a property under contract, you are in the game. 

Also looking into partnering with friends who want to get into the RE game.

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They go with family #1 and family #2 finds out what happens because the seller Realtor is new to the game or does not care about rules.

What is the end game?

It is purely a numbers game for them and they want to make sure they have a qualified buyer.