Off market deal fell into my lap and negotiated a cash offer using a line of credit How did you finance this deal?

It doesn't make sense that they would give it to the world for free. 

Purchase price: $200,000 Cash invested: $27,495 Sale price: $306,340 This project was a very interesting one!

Purchase price: $10,000,000 Cash invested: $100,000 Contributors: Jered Sturm Invested in 2 syndications for multifamily in Cincinnati Ohio as a passive investor.

@Aaron Rushtoni know your questions are very focused on the HELOC but... there are lots of aspects to a BRRRR, and financing is only one of them.and if you use borrowed funds for 100% of everything then yes, that's potentially less cash out of pocket, but it also increases the overall cost of your project, putting more pressure on the appraisal and refinance. 

Are you cash flowing the property?

Free trial for 3 days. 

We are looking to rehab a place and then do a cash out refinance.Thank you.

Feel free to reach out if you'd like to connect! 

(Yes, I live on rice 'n' beans)If you have an underwriting process that can focus on my current cash-flows (and perhaps track record of successfully stabilizing properties), I invite you to comment or DM.THANKS BP COMMUNITY!