Updated about 5 years ago on . Most recent reply
Looking to start out using the BRRRR method here in Dayton, Ohio
I am new to the real estate game, but I am looking for my first property. I do not have access to a private lender so I plan on using the hard money method to buy and rehab the property. What are some things I should pay attention to, to ensure I minimize my mistakes?
Thank you for your help!
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Remington Lyman
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Hard money lenders (at least in Columbus, Ohio) are going to want to see experience from their borrower, a scope of work, after rehab values, and an exit strategy before they lend to you. I would recommend that you reach out to one before getting into contract on something.
- Remington Lyman
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