Debt Consolidation Albany Ny – The BRRR Strategy with Hard Money Loans! (2021)
Debt Consolidation Albany Ny – Whats The Best?
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In this video, I’m going to show you how to do the BRRR strategy with hard money loans.
The BRRR strategy is where you buy, renovate, rent, and refinance. The concept is simple enough to grasp, but it’s a lot harder to put into practice, especially if the lenders you use aren’t flexible!
Hard money lenders now have long term rental loan programs. They’re a great way to help investors own rentals if they can’t get conventional financing. But they have a drawback. They’re slower than getting a traditional hard money loan and they have to be rent ready, so we aren’t able to lend on a fixer. What are investors supposed to do? They can buy the property with a hard money loan, then use a long term rental loan to BRRR the property!
We’ll be going over a case study to show you all of the costs and expenses that go into doing the BRRR strategy with hard money loans, and how you’ll be able to get in and out of projects with little of your own money stuck in each deal!
Schedule a call with me to find out more about how you can BRRR with hard money! https://www.calendly.com/seanpanrealty/call
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