All Forum Posts by: Alex Morales

Thanks for your response. I was thinking of a getting a hard Mo ey loan for down payment and rehab cost. And financing the rest. This property will be a long term STR hold. The STR averages i this highly visited tourist area is an Average nightly stay of $300 and an average occupancy rate of 79%.

The Zillow price of the property is $263k. I’m looking to a full renovation of a cost in the $100k range. 

Will it be possible to do this with no skin in the game?  If I had to get a partner to invest I will but if I can do it alone w/o no money down, I would prefer that 

Hello everyone, this is a newbie question from a new investor trying to get his feet wet in this method. I wanted opinions on wether it is advisable to use the BRRRR method with no money down out of pocket? Has anyone done this before? What should the numbers look like for this example?

I was looking for private lending for the purchase and rehab and then refinancing to pull money out to repeat. 

Any examples, opinions or numbers ? 

Thank you.