Rental Property Investor · VA · Member since 2020 · 218 posts · 133 votes
Hello all,
I am a newbie learning as much as I can about real estate investing. I have understood the BRRRR method. My question is, what are funding strategies that some of you have used to start off? Have you gone the HM lending route, put in your cash, leveraged Heloc from primary? I had like to hear some success cases.
Rental Property Investor · Springfield, MO · Member since 2020 · 120 posts · 96 votes
5y
@Nick Shri All three of those options are valid. A HELOC can be a good idea if you have a lot of equity, or even a little, in your personal residence. It's cheaper than most other forms of borrowing. Personal cash speaks for itself, and Hardmoney is a little expensive but still a great way to get your foot in the door.