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Updated 24 days ago on . Most recent reply

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Sean Sabin
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Funding gaps and scaling

Sean Sabin
Posted

I am on my 3rd brrrr and have also done one successful flip. All have been successful and the current deal we are renovating will be the best one we've done yet. I am a contractor and project manager by trade. This experience has made the process of becoming a brrrr investor pretty seamless. 

Where I am struggling is with capital and scaling. I am missing out on deals because of lack of capital for down payments, rehab costs, holding costs, etc. Is this best fixed through a private money loan? 

Is there private investors who will do something along these lines? Or is this wishful thinking? 

$150,000- $200,000 loan/investment. 
10-12% interest only payments for 24-36 months with balloon payment. 
Flexible use of funds for whatever is needed inside my business such as down payments, contractor payments, holding costs, etc. 

Any help or advice in the right direction would be appreciated. 

  • Sean Sabin
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