new investor- How is everyone financing deals these deals

[Todd Kendrick]

I am trying to find financing for deals while using the Brrr method, so I can recycle my cash and don't have to come out of pocket. I mean who has money laying around to put into a property and stop at one deal.

I know there are alot of different ways trust me I have spoken with alot of lenders by trying their flip loans, dscr loans, but nothing seems to allow me to cash out refi and get my money back.

Simple example 120k pp, 40k rehab, arv 220k , with about 1500 rent- seems reasonable

Can I get examples of what everyone else is doing.

Thanks

[Scott E.]

Your issue isn't financing. Your issue is finding the deals.

The hardest part about this business, especially in this high interest rate environment, is finding a deal where the numbers make sense.

Don't get discouraged. Just keep underwriting deals, keep networking with agents and wholesalers. And consider looking into other markets where there are better margins.