08/14/2023
Our last BRRRR included 4 duplexes.
We funded the purchase through multiple avenues including a home equity line of credit, lines of credit on equities, bank loans, a PARTNERSHIP, and sold a primary residence.
You have to get creative to fund purchases of properties especially if you come from little to no money or are just starting out.
This book can help answer a lot of questions for how to get started with almost no money.
Bonus points: If you use commercial loans through an LLC rather than personal loans in your own name you can use construction loans through a bank to fund the rehab of the property as long as it is vacant.