In this podcast, you’ll learn:
How to do a no money deal in a hot market
Brrr Strategy – It is an idea to buy a property, renovate it, rent the property, refinance and then repeat.
Combine the Brrr strategy with refinancing to get all your money back. It is 100% refinancing Brrr deal
Alternative loans – the rates are higher, they typically do 25% equity 70% value once the property fixed up
How to utilize the Brrr strategy
Retain property and get the rents
The key of Brrr strategy is finding a good deal
Rate and term refinance- they pay off the loan and gives you a better terms and refinance from high to low interest rates
The best strategy is to finance the MOST upfront so its easier to get more money from the refinance
You don’t just find creative deal, you have to CREATE them and FIGURE it out!
To connect with Ryan, visit https://www.dohardmoney.com/
Free eBook for Creative Real Estate Podcast Listeners! Click here https://www.dohardmoney.com/creative-real-estate-podcast/
Sponsors: ThinkMultifamily thinkmultyfamily.com/podcast
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