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Jonathan Studdard
  • Wentzville, MO
5
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40
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Finding and evaluating properties and getting my first REI loan.

Jonathan Studdard
  • Wentzville, MO
Posted

When starting out using the BRRRR strategy, how do you efficiently evaluate a property fast enough (using the 70% rule of course) to make a winning offer before the competition? Also, if I have average credit, but enough cash to purchase the property outright, will that help me get a pre approval letter for a mortgage from lenders? I want to use as little of my own cash as possible for purchasing properties.

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