Updated over 2 years ago on . Most recent reply
HELP, I'm having a hard time finding partners to BRRRR with.
Greetings all,
Please I need help, so I'm having a hard time finding partners to BRRRR with considering that this is my first time fix and flip. Please do any of you have any connections to lenders who require less than 15-25%? Any suggestions and advice will be appreciated... Thank you all in advance!
Thank you
Most Popular Reply
Well, the next 6 - 12 months in the housing market is a little bit of a question mark. Banks have lots of money tied up in short term value of real estate and many people think a dip is coming. So, the banks really wanna price out the barely investors. The ones that have barely enough to do a deal. because they really do not want to take back any houses. They price them out by shortening leverage and raising rates. That means borrowers need even more liquidity to get deals done.