All Forum Posts by: Katrina Gillrup

I want to start with the BRRRR strategy.

We did but we’re told we could only refinance up to 70% of the value. So with the home being worth around 245k and the mortgage being at 160k it just doesn’t make a whole lot of sense. We had planned on using money we have in stocks but with the market tanking it doesn’t make sense to lose on that front either. 

Would love to know what kept you motivated! My husband and I were able to upgrade our house and rent our previous one. Now we want to grow our portfolio. We were hoping to pull a heloc out of our rental but it is not currently an option due to only having about 40% equity in it.

I have been looking for deals and networking with wholesalers and realtors but feel like I have hit a brick wall with financing. The hard money lenders I have found want me to be a seasoned investor, which totally makes sense.

Hoping to learn from the seasoned investors on here! Should I be looking at this in a different way?

Thanks!