Samuel Chua
BRRRR strategy real estate
Good evening, I hope you have a good day. I have a question to ask. Does the BRRRR method work for flipping only? Also, why must I rent the property out before I sell the property? Why cant it just be "get a loan from...
Benjamin Richards
Options for securing private loan
What options are there for legally securing a private loan? Right now I've got a lien on one of my properties securing a private loan but I'd like to free up the title and secure it some other way, like with a bank ac...
Account Closed
Need your help on Financing/Refinancing Scenerio!
Currently we are rehabbing homes using private money taking the profits from the rehabs and using them for a down payment on cash flowing rentals. We currently have 9 rentals and 1 primary single family homes. This pu...
Thomas C.
Financing for First Rental Property?
Hey all, I would love to get some information or pointers as to where I can find private financing for my first rental property. I have a unique set of circumstances as I'm still a full-time student and I would love ...
DeAndre Mason
DSCR Lending strategies
Im curious as to how to go about obtaining PML for a DSCR loan option. How would you structure a deal so that the private money could cover the down payment and fund the rehab in order to minimize money out of your po...
Collin Emerson Miller
Questions about Fix n Flip Financing
Hey BP community,
I am planning my first flip which I have estimated for March/April of next year. I am lining up financing and evaluating my options and have a few questions.
I have a few people that I know that m...
Wesley Weber
Self employed borrower with low after deduction income
I'm in the Tampa, FL area. Looking to get into real estate by doing an Owner occupied property while I rehab for 6-12 months and then rent it out. The problem I am facing is that my wife and I have been self employed ...
Jordan Crosby
Finding private money lenders
I’ve been flipping homes in Columbus, Ohio for about 2 years now. All using my own cash. However, I’ve realized I need to start leveraging my cash to maximize the amount of deals I can do. I am forced to pass up a lot...
Pete Schwan
Riddle..I thought I knew what I was doing...
So...I recently bought a property planning on using the BRRRR strategy. I used a private lender because this property was a "3 Season" cottage on a lake and didn't have heat or insulation, and therefore wouldn't quali...
Noah Joseph Armstrong
BRRRR Help With First Property
Over the last year or so, I have been soaking everything I can in real estate. I found a 4 bed, 2 bath house for sale in my hometown FSBO for $45k. I am confident I can get it even lower. That being said, I have not y...