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Micah Squires
  • Flipper/Rehabber
  • Orlando, FL
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Other Methods Beside BRRRR (exploring Options)

Micah Squires
  • Flipper/Rehabber
  • Orlando, FL
Posted Jul 23 2021, 07:29

Are there any other methods to owning a good amount of homes in a short amount of time other than BRRRR? Preferably one where you are financing your first property.

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Sheldon Zimmerman
  • Real Estate Agent
  • Pennsylvania
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Sheldon Zimmerman
  • Real Estate Agent
  • Pennsylvania
Replied Jul 23 2021, 07:39

Great question Micah, So if you have the cash you buy properties that are already fixed up but will take 20-25% down in order to buy. So you will need a good amount of cash. Another option is to do owner financing, find a seller who is willing to hold a lien position on the home. A third option would be to find someone to loan you money to buy properties or you find deals and keep a certain percentage for finding the deal and managing it and the person who finances it keeps the rest of the deal. That is probably the quickest way to get into a lot of deals. You do the hustle and they fund the deals. Let me know if you want to discuss each option in detail. Best of luck.