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Creative Real Estate Financing

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30
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Alejandro Lozano
Pro Member
  • Rental Property Investor
  • Chicago, IL
5
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30
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Hard money loans and brrrr method

Alejandro Lozano
Pro Member
  • Rental Property Investor
  • Chicago, IL
Posted Mar 10 2019, 22:47

Hello all I am new to this site and I like all the information that im getting in here and I would like to know what would be the best way to buy a house using the brrrr method using a hard money lender because my medium credit score is at 610 so I don't qualify for a traditional conventional loan but I would like to buy a distressed property and fix it rent it and then refinance it to pay of the hard money lender if possible. Any recommendations on what I need to do first?Thank you in advance also im from Chicago and that is where I would like to purchase my first property.