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21 February 2025 | 4 replies
I have a lot of personal experience with BRRRR—both from building my own rental portfolio here in Memphis, TN and from helping both local and out-of-state investors successfully scale their portfolios using this strategy.One of the biggest advantages I’ve been able to offer my clients is structuring deals with hard money lenders in a way that allows them to acquire properties with less than $10,000 out of pocket in most cases which results them in massive cash on cash returns!
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18 February 2025 | 3 replies
If you're looking for ways to accelerate, consider these options:Seller Financing – Some sellers may finance a portion of the purchase price, reducing your need for a large down payment.DSCR Loans – These loans focus on property cash flow rather than personal income, often requiring only 15% down.Private Money Lenders – If you can find a PML willing to work with you, you may be able to put less down.Partnerships – If you’re open to splitting profits, you could bring in a partner who funds the down payment.Since you’re okay with the slower path, just keep stacking cash, but these might be worth exploring to move faster!
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6 February 2025 | 11 replies
The fact that they knew about this and didn't tell you up front says to me they were hoping you didn't actually run reports. 2) Be sure to know the regulations in your jurisdiction.
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20 February 2025 | 5 replies
Look for properties with value-add opportunities that don't cost much money.
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13 February 2025 | 2 replies
Might coat you $500 or more for a hour but will save you a $15k bill from a contractor who simply sees a easy way to make money off off you!
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5 February 2025 | 38 replies
I lost my money, Hope you don't!
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20 February 2025 | 4 replies
This has dissipated, and that irresponsible crowd has largely lost their money and motivation.
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20 February 2025 | 1 reply
I had a 1031 exchange money to buy an investment property and did not want another fixer upper, so I decided to get a new home that was move-in ready.
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9 February 2025 | 3 replies
Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.
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4 February 2025 | 5 replies
If they do, your best bet is a local community bank that funds these types of properties.Another option is a private lender but that money will be pretty expensive, as mentioned 10% +