Ask for a credit lien secured by investment property.

Use a formal promissory note and a mortgage or deed of trust to secure the loan.

Acting decisively and presenting clear terms helped secure the property at a price that aligned with the renovation plan.How did you finance this deal?

Genuine question for active investors hereDo you prefer having financing options ready before submitting offers, or do you secure funding after you have a deal locked?

Hello, would love to connect with anyone that has had success with the BRRRR method in the Charlotte area.  

Off-market deals and connections with local agents, contractors, and property managers will be key since they can help you avoid overpaying and secure reliable tenants.

You reduce risk because each phase is tied to real demand.Pre-selling lots to generate your own financing.If your location has strong demand, the cleanest way to scale is securing reservations or contracts on a portion of the lots before you break ground.

This is a severe discount to recent vintage comparables in the submarket.The Debt (The Anchor): We are assuming an existing Freddie Mac non-recourse loan at 3.78% fixed, maturing in October 2030.The Bridge: To close the LTV gap without diluting returns, we have secured an $800,000 Seller Carry note (5% simple interest, accruing until 2030 maturity).The Value-Add: The property is currently suffering from poor legacy management.

I'll try some of the methods you describe in your comments this year and then also analyze them more rigorously and see where they stand.

It used to be called the chunk method, or similar.