Best way to fund a first BRRRR

2 Replies

I'm currently stacking money to put into a first deal. I plan on BRRRRing my way through and I'm wondering what different strategies exist for funding other than traditional loans and FHA. Im open to anything!

A house worth doing BRRRR on - by definition needs repairs.

Conventional mortgage residential lenders won't finance properties that need renovation or houses that are not liveable.

There are 2 ways to finance BRRRR deals on the Buy-side:

1) cash; or 

2) hard money (known today as "Rehab loans")

In order to start BRRRR, you should save up the cash and talk to a hard money lender.