Updated 6 months ago on . Most recent reply
BRRR- Buying from Wholesaler?
For those who have used/using the BRRR method, are you buying from Wholesalers?
Would like to utilize the BRRR method for future properties, but would like to get a better understating.
If I do buy from a Wholesaler, I would have to buy in cash, correct?
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#1 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
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#1 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
- Lender
- Fort Worth, TX
@Ryan Johnston as mentioned above you can certainly buy from a wholesaler with financing. Hard Money is probably the most common method but there are other types as well. I personally only buy from wholesalers since I have a full time job and cannot spend time "sourcing" leads. So I pay a wholesaler their fee and make sure the property still fits within the financing steps I need for the BUY step and the REFINANCE step. Hope all of this makes sense.