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. 

The you're in the game... use your skills to increase the value, then refi or sell.