BRRRR financing questions

3 Replies

I have read the bigger pockets book on the BRRRR method and read multiple articles on the subject. I just was wondering has anyone used this method recently and is comfortable with using it? Also, i'm thinking about using a hard money lender in order to complete the "buy" portion, has anyone had experience with using hard money and how was that experience ??

@Tre'nez Deriggs I'm doing my first BRRRR right now and I used hard money for the initial purchase. All in all it's been a pretty good experience, it took a couple days longer than I expected to close due to some underwriting hang ups but it got done. I'm doing the rehab now and I already have the tenant lined up to move in once complete. Still working through exactly how I'm going to do the refi portion of the deal. Feel free to message me if you have any questions that I can help with.

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