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Leticia Montoya
  • Real Estate Agent
  • Minneapolis
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Finding a Funding Source to do a Real Estate Deal

Leticia Montoya
  • Real Estate Agent
  • Minneapolis
Posted Nov 10 2019, 13:47

Hello BP! I am currently looking at acquiring a TriPlex in the Minneapolis area to do the BRRRR strategy. In theory I know how the BRRRR works but I would prefer not to use any of my money or my partners. I understand in the Network Tab, there are lenders existing there but I can really use your help outlining the process I should be aware of to make this happen. Should I be calling local banks or calling friends and family and should I do any of this prior to making an below market value offer? The property is listed for just under 200k and needs a good 50-60k in rehab.

Any help would be great!


Leticia

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