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Debt Consolidation Albany Ny – The BRRR Strategy with Hard Money Loans! (2021)

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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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Schedule a call with me to help you with your real estate investing projects or if you need a hard money loan: https://www.calendly.com/seanpanrealty/call

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11 Comments
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11 Comments

  1. IamAnder
    July 30, 2021 at 3:38 pm

    What if you buy a property, let's say a two family, already leased and paying tenants and you don't need to renovate it in any way. Does this affect the process negatively?

  2. Mark Jaret
    July 30, 2021 at 3:38 pm

    Can a self employed person qualify and if so does it still run off tax returns?

  3. Mark Jaret
    July 30, 2021 at 3:38 pm

    I’m so glad a found this video man. I’ve been looking for financing options for a couple of weeks and this sounds like what I need. Thank you

  4. Brian Foster
    July 30, 2021 at 3:38 pm

    Love the video – what about your expenses for management, maintenance and repairs from your NOI though? That would definitely affect your DSCR

  5. Yuzhen Liu
    July 30, 2021 at 3:38 pm

    this is gold, thank you, already scheduled a call with you!

  6. dattienle37
    July 30, 2021 at 3:38 pm

    Good stuff! I was just wanting to ask you what would the rates be for a conventional 30 year loan with hard money for credit score of above 800? 10 to 12 percent?

  7. Tech CT
    July 30, 2021 at 3:38 pm

    Interested in hard money, how do I contact you?

  8. dekonfrost7
    July 30, 2021 at 3:38 pm

    Got a question

    Whats the best possible hard money deal i could get for 1.5 million
    Points/ rate the p and L is trash need hard money, but its cheap because the management is a joke.

  9. felix sanchez
    July 30, 2021 at 3:38 pm

    This is great information. Do I have to have a house contract before I apply for a hard money loan?

  10. Relaxed4K
    July 30, 2021 at 3:38 pm

    Great information. I’m currently looking to start remote investing here in South Texas. I plan to do multiple deals sooner than later, and say I do have the cash on hand to fund a deal completely without loan, what would be the advantage of using hard money instead?

  11. The Life of Sang & Michelle
    July 30, 2021 at 3:38 pm

    Hope to get our BRRR soon 🤞🏻 Great video!