Complete BRRRR Rental From Start to Finish | Real Life BRRRR Method Example

[@chuckgerman7869]

People like you do nothing good for society. You're only worth is driving up home ownership and rental costs to make it difficult for regular people to even live. Go build an apartment building and stop ruining the market. Get a job that actually benefits society.

[@TheFasterFreedomShow]

Hey Chuck! Sorry you feel that way. Unfortunately you don’t really understand what I do. If you did, you would know that I take run down houses that people can’t afford to fix up and I make them livable and rent them out to amazing families and have very small profit margins. It’s ok to not understand… but ignorantly blasting a stranger on KZbin is an interested alternative. Have a great day! Hope you are doing well!

[@jacobwright7890]

Dudes literally teaching you how to make a ton of money. This is tried and true. I quit my god awful factory job and used this exact method to make more money than most doctors. Society isn’t here for you Chuck

[@b_rah]

@Chuck He's actually teaching you and many others to make money. You should thank them for that. They're not trying to make you buy a course. It's all FREE INFORMATION.

[@alleyoop4465]

Who are you really mad at Chuck?

[@cryptonian7706]

🤡

[@wesleybremer1275]

you should do a video and show when it doesn’t always work correctly, it could be a real eye opener for some!

[@TheFasterFreedomShow]

That’s a great idea! We will look into it!

[@Wendyybabbyy]

Agree

[@bkd-newyork2256]

You covered the strategy in less than 15 min. Amazing and very clear...

[@jtbuyshouses53]

Love the video!! So much value!’ Just closed my first whole deal for $40,000!!

[@TheFasterFreedomShow]

🚀🚀🚀

[@sixpgaming5462]

Congrats

[@katerakennon5353]

This makes me feel better about doing a refinance on my first investment property. I was kind of scared because I will have another debt on my personal credit. This video puts my mind at ease😊 I just need to make sure it stays occupied and/or make sure I have reserves in the event the property is vacant.

[@TheFasterFreedomShow]

absolutely! When we run our cashflow numbers we account for yes mortgage, taxes, insurance, maintenance, and property management but also VACANCY! It will happen and you might as well have the numbers work to where the issue pays for itself..Because vacancy is an issue (the most expensive one I might add) DM me on IG @SamFasterFreedom if you want my FREE training💯

[@wewillprevail2520]

These are the type of people you need to surround yourself with! God bless and thank you

[@TheFasterFreedomShow]

Thank you!

[@jonathananthony408]

This is the first time i kind of understand the BRRRR strategy. Thanks for this simple and practical illustration.

[@TheFasterFreedomShow]

Glad it was helpful! Hope this helps👍 DM me on IG @SamFasterFreedom for my FREE training

[@jonathananthony408]

@@TheFasterFreedomShow I’m doing that right away!!

[@VolkmerC]

Great video! Nice to see how you walk us through property from beginning to end, it would be nice to see how you really started on your first property and where you got your first private lending money from. It would be nice to see how you set up the private lender loan, maybe even showing the specific contract on how to structure it between you and the lender. Keep the videos coming, it’s great material!

[@TheFasterFreedomShow]

Thanks for the feedback. We will look into it. We do have a video or two on this subject as well!

[@VolkmerC]

@@TheFasterFreedomShow then I better find them and watch them too! Thank you!

[@crod0417]

Thanks for taking the time to break it down (visually), it makes more sense now.

[@TheFasterFreedomShow]

Thanks! I just replied to you IG message!

[@crod0417]

@@TheFasterFreedomShow thank you

[@archivaldoguzman8316]

Man I cant wait to do my first Brrrr. I just need to take care of a few things and my god I cant wait. I cant sleep and/or eat some days lol Thanks for all the free info guys.

[@TheFasterFreedomShow]

Thanks for commenting! Appreciate you! See you on the next one!

[@menajahluc6702]

Finally finding a video that explains and shows the whole process from start to finish.

[@TheFasterFreedomShow]

My favorite video right here💯

[@robchev]

I understand everything in the video, but was wanting to know how you made the purchase. How much did you put down of the $72K purchase price? For the remaining loan amount, what was the interest rate? I'm assuming it was a higher rate. ? Where did the $30K for repairs come from? Was that also part of the initial loan? Or was that your own money?

[@TheFasterFreedomShow]

NEVER use your own money! Purchase price and rehab costs came from lender..the 80% refi was able to pay back those lenders + interest!👍

[@blueoasis8449]

Very informative video for people who don't know how to get started. Thank you!

[@TheFasterFreedomShow]

Thank you very much! Appreciate you!

[@macknumber9]

It is great because like you said at the end you don't have to come up with so much capital....even if you broke even or was down $5000 after the deal finalized you are getting 50% cash on cash return if you are flowing $200/month....beats the hell out of 10% return....and you can do it again and add to your portfolio of appreciating assets that are cash flowing. This is an excellent method. I just need to really get good at properly estimating repair costs and finding provate hard money lenders and of course finding the deals

[@TheFasterFreedomShow]

Thanks! Go to www.freerentalwebinar.com for my free training and info on the mentorship!

[@skrrttoffyt3817]

best information i’ve ever gotten at 18!! thank you!

[@TheFasterFreedomShow]

Thank you! Appreciate you!

[@ianhall3515]

Great video. I will be buying my first BRRR very soon. Finding a bank without a seasoning period is a great point i need to look into. The hard money fees would just eat up your profits.

[@TheFasterFreedomShow]

You can find one for sure!

[@TheLifeJOGJourneyofGrowth]

What I love the most about your BRRRR approach is that yall buy for equity, y'all build for the long term game. I love this! My only question is how do you know the ARV? Who evaluates the ARV for you?

[@TheFasterFreedomShow]

We calculate it. I have a video that explains how to on here as well!

[@KirkAtamian]

Best video I ever seen on BRRRR but what concerns me is you have no equity in home after pulling 80 percent out. To me hard part is finding homes at 40 percent discount which is where your at. Are banks giving you 30 year loans on these an investment? How did you handle covid and renters not paying rent? I real enjoy how you explained everything

[@TheFasterFreedomShow]

Thank you!! We usually get 25 years and pretty much all our tenants paid!

[@Twentytwentytunnel]

Thanks you guys! Olympia WA here the market is Hot. Scarcity the Rent and Listing price points are amazing. I just started Real Estate my goal bye next year is to use BRRRR method thanks and God Bless. Tgr

[@TheFasterFreedomShow]

Thanks for sharing!

[@ZeraHorn]

I’m officially a student. This was PHENOMENAL thank you.

[@TheFasterFreedomShow]

Thanks Zera! Please feel free to subscribe to the channel so you get all the newest content!

[@Caribart-vz6wg]

Please more start to finish rehab videos with included financial numbers 👏🏾👏🏾👍🏾

[@TheFasterFreedomShow]

I agree...Coming soon!💯

[@dar18283]

This is awesome! I’ve had a long term rental in the past, and I’ve recently changed to short term. I love the cash flow that I get from short term and the better care my property receives from guests, however I want to get more properties. I can’t really start doing this stuff right now, but I’m seriously looking at starting in the next 6ish months or so.

[@TheFasterFreedomShow]

You got this!!

[@ShawnMurray]

It's been 1 year since your comment, did you ever get started again?

[@jeremybohm389]

Great tips about the outside of the house in terms of annual maintenance, marketing strategies and tenant rules/laws.

[@TheFasterFreedomShow]

Thank you!

[@nathanw9195]

Thanks for your content!

[@TheFasterFreedomShow]

Thank you for commenting!

[@mikef4933]

Great video! I would love to see a video where you show the damage, the estimated cost to fix it, and the finished product with the finalized repair costs laid out for each repair. I feel that is my biggest knowledge gap...knowing how much repairs will cost to know if a house is a good deal for a BRRRR.

[@TheFasterFreedomShow]

I have several of those!

[@daileykohtz5838]

Here's a good read for to cover your knowledge gap: "The Book On Estimating Rehab Costs" by J. Scott. This was recommended by David Greene, a very successful BRRRR investor with BiggerPockets.

[@purpleruckus]

I'm ready to start this!

[@TheFasterFreedomShow]

Let’s go! Stay tuned here and DM me on IG for the training!

[@kimvanloozenoord4683]

You guys are awesome! We just bought our first rental using the BRRRR strategy!

[@TheFasterFreedomShow]

NICE WORK!👍

[@dimandgirl90]

I am so interested in starting this. But I have three major questions: 1- realistically, what will our first property cost us out of our own money? 2- what if no one will help us? Like what if we can’t find a private lender? What if we don’t get accepted for refinancing? 3- what if I can’t find cheap homes in this market? Please help us! We’re desperate to start this!

[@TheFasterFreedomShow]

lot of limiting beliefs here. Mindset is everything. Ask yourself "How Can I?" instead of I can't. Watch my channel for the education, then start networking. We have programs but they're geared towards those who are committed to it. The learning should come first.

[@jessicawebster8881]

Great info, but I do have one question. Private money lenders cover approximately 80%. I've not seen one that gives 100%. You said you didn't make enough to invest 20% of your own money. Where did you get the extra 20% from? Did you use 2 separate lenders to acquire the property?

[@TheFasterFreedomShow]

We use one private lender. I’ve never heard of a private lender not lonely 100%. Some hard money lenders won’t but most private money lenders well. I have several videos on this channel about private money lenders

[@826media]

Very insightful!

[@TheFasterFreedomShow]

Thank you!!

[@EricaCauley]

How have I missed your channel after all of this time? Smh. Glad I subscribed now.

[@TheFasterFreedomShow]

Glad you are here!

[@Em-ku2dw]

Here from you live TikTok... Thanks for sharing your videos, heading to IG to follow and dm you!

[@TheFasterFreedomShow]

Perfect! Will check it later! Thanks!

[@shawn3746]

Enjoyed the video. Makes sense about outsourcing. Reminds me of my Dad saying, Penny wise pound foolish.

[@gradycaldwell]

A couple of questions that I have. #1 How do you find reputable contractors to do the rehab. #2 How do you determine the ARV before you purchase the house to know how much you should pay for it? #3 What happens if the ARV comes back lower than you expected once you have completed the rehab?

[@Zammy0125]

Love this video so much! Currently a realtor in Los Angeles !!! Would love to start brrrring but the home prices are insane right now! This video has so much value thank you!

[@TheFasterFreedomShow]

Don't let that hold you back! You can leverage people in different markets and have systems and team on the other side of the country helping your efforts! a few streets away or a few states away the process is the same and mostly done over the phone and on the computer anyways!🚀

[@hugoarroyo6485]

Great video!!!

[@TheFasterFreedomShow]

Thank you very much!! See you on The next one!!

[@rconn5641]

Thanks for the video. You bought at $72k and had $30k in for $102k. ARV was $133k. 80% LTV gives you about $106k. That leaves about about $4k to cover closing on new loan and cash out. How did you repeat with less than $3000? What did the next deal look like based on the results of this?

[@MEGvlogs]

I love this kind of videos, I'm about to start my own journey.

[@TheFasterFreedomShow]

Let’s go!

[@albarr300]

I would like to see more details about the appraisal. What gets it accepted? What’s gets it decline? Do you have to live in the first property? What are the tips and tricks of getting around the appraisal? Any loops holes?

[@TheFasterFreedomShow]

Do you have to get the appraisal to get the loan from the bank. They need to know a market value that they could base their loan off of. I have other videos to talk about this but also go to www.freerentawebinar.com to talk about my free training and information on my mentorship

[@nbddiamond159]

This helped a lot actually 😂👍🏼

[@TheFasterFreedomShow]

Thank you. Appreciate the comment!

[@ryanshaneprod3487]

I salute you guys for being successful at this. But all I can think about as an electrician is whether or not that home is safe behind the walls. No one EVER mentions electrical in a rehabs when imo it’s the most crucial part to get right

[@TheFasterFreedomShow]

if the panel needs it we will do it..If the walls are coming down we will make sure it's up to code

[@ModelHomeDeals]

We ate way toooo much today. Merry Christmas, happy holidays. Great example

[@TheFasterFreedomShow]

Glad you had a good one! Have a great weekend!

[@annmariesims1447]

Great information!

[@TheFasterFreedomShow]

Thank you very much!!

[@sallytinay]

You guys are funny God bless you both i enjoy learning this brrr strategy its more clear easy to understand thank you i have a friend she did this too shes now very successful because of this strategy

[@TheFasterFreedomShow]

Thank you!

[@jarrettaylors.5251]

Great walkthrough on the video guys. You mentioned in this video this is how the BRRRR method works but it doesn’t always work this way perfectly. Do you guys have a video on what can go wrong? Or past experiences on what has gone wrong for you guys and how you bounced back from it?

[@TheFasterFreedomShow]

We are working on one now!!!

[@luisbarahona3773]

Great job guys! One quick question - Do you refi for 30 or 15yrs, which one do you usually go for on your deals? Also, can you guys go more into detail on the type of loan at the time of refi such as, fix or variable rates, ballon period, etc?

[@TheFasterFreedomShow]

We usually do as long amortization as possible! And yes we can work on some!

[@freeestyleobsessed]

Get 30 year fixed as low a rate as you can I would guess

[@houlful1714]

Perfect timing to find this video! I absolutely love it! I clicked on another video of yours and I was like nope wait a second go back and give these guys some credit for their awesome work so here I am! Anyways... on to your next video!

[@TheFasterFreedomShow]

Hope you enjoyed it!🤣

[@DebrahSarria]

Thank you for sharing the knowledge 🤗

[@TheFasterFreedomShow]

Thank you for commenting! See you on the next one!

[@samprimm2050]

Great video guys!

[@TheFasterFreedomShow]

Thank you!

[@mariocebrian8238]

Awesome information!! cant wait to get started

[@TheFasterFreedomShow]

This excites me!! Let’s go

[@MrThegoodlooking1]

Hi what’s the bank that you use for the short term loan? I feel like it’s very hard to find a lender

[@rayjhala1800]

Hey guys! Thanks for the content! I was curious about the size of the property in this deal? Sqft and beds/baths? Thanks so much!

[@TheFasterFreedomShow]

Thanks! It is a 3 bed 2 bath, 1200 sq foot house!

[@amyg1289]

Always the best content!

[@TheFasterFreedomShow]

Thanks Amy! Appreciate you!

[@georgiagreen5309]

this is so helpful! thanks for the precise content in each video.

[@TheFasterFreedomShow]

Thank you for the comment!

[@rejoykm]

Explained it well and thanks for the video. You mentioned the cabinets color were slate gray, what about the wall color? Thank you.

[@chelseaderks2015]

Loved the bloopers too 😭

[@TheFasterFreedomShow]

We like to have fun🤣

[@jacobvandenberg2749]

I have inherited debt-free properties that are worth 5 million. I know how to manage properties but I am just learning about investing. I will be inheriting another 2 million in the next few years. How would you maximize that 2 million the most in putting that down on a property?

[@TheFasterFreedomShow]

Wow.. That's an amazing opportunity! That is a bigger question than just a simple answer. I would have to know a lot more about your goals, experience, risk tolerance, and how passive you want it to be. But I will say that leveraging debt is the most powerful aspect of real estate.. I offer 1 on 1 private calls and we can go over your plans in detail. Dm me on IG!👍

[@jacobvandenberg2749]

Thank you! I will do that. The whole thing is a bit confusing to me still lol

[@merlijncaljouw7090]

1:45 in the netherlands we say: garage

[@TheFasterFreedomShow]

DM me on IG "FREE" @SamFasterFreedom for my FREE training guide 💯 how to get started in real estate without using any of your own money in 2023

[@kimberlyfisherroe]

The world is really taking a new shape in Technology, Digital currency are talking over every part of the world.

[@glendafishe]

The reason most people avoided investing in digital currency or Crypto and missed out on the first wave is because ... A. You didn't listen to any stock broker or expert trader. B. You didn't do your own research. C. You listened to the media.

[@orilegustavo5258]

They made you fear it and think it was fake. Most of you still to this day think it's fake.

[@beatanowake]

You are missing the wave. Stop doing what they say and do what they do !! They are getting richer and richer and people continue to listen to their LIES.

[@kushainsohair]

Yeah this is absolutely the best time to buy and Invest

[@frankyensha]

Stop listening to the media !!! Start today to invest and earn good profits like others.

[@mitla22]

Love all your videos! Would love to join your free webinar!

[@TheFasterFreedomShow]

Nice! Go to www.freerentalwebinar.com

[@aztecjoe29]

Those are very good educated estimate

[@TheFasterFreedomShow]

🚀For the midwest, YES

[@justinmulkey1689]

Yessss! Love all of the info!

[@TheFasterFreedomShow]

Thanks a bunch!

[@justinmulkey1689]

@@TheFasterFreedomShow no problem, I’m hoping to be where you’re at by 32. I’m 28 now and I am sick and tired of struggling!

[@erikbudrow1255]

So what does that $30k in rehab costs cover? Materials, paying contractors, paying yourselves for labor? And what happens with that $200 in cash flow? Do each of you get $100? What about taxes on that money?

[@TheFasterFreedomShow]

The cash flow is just funny money to help you get by with expenses that pop up. The real wealth is in the appreciation! $30k covered all renovation costs.

[@erikbudrow1255]

@@TheFasterFreedomShow I assume you mean appreciation over the longer term (5-30 years). Am I understanding you correctly that the idea is to actually to sell the rentals here and there later on?

[@cjusino85]

What brand of appliances you get? Would love recommendations for my current rehab. Also for the granite and floors. Any brands you use is greatly appreciated! Nice job!

[@ashleybrusco]

Love your Tiktoks!!

[@TheFasterFreedomShow]

Thank you!! Appreciate you!

[@InceptionJiuJitsu]

Curious what your sell strategy is? Do you plan on holding these forever or do you guys have a specific exit strategy like selling off homes at say 55 years old.

[@TheFasterFreedomShow]

Hi Brandon, right now we're focused on growth so we select our properties and do our rehabs in a "built to last" mindset. Real estate is awesome because it has so many exits if you know what you're doing

[@mitchh8377]

How long is your Rehab process and do you factor your vacancy time into your repair cost?

[@TheFasterFreedomShow]

I pens on the project sometimes 1 to 3 months. And yes we include that in there

[@jpg9279]

Very informative and funny!

[@TheFasterFreedomShow]

Of course!

[@RobinRimmer]

I'm here from your live TikTok stream

[@TheFasterFreedomShow]

Thanks Robin!

[@sergioblanco4504]

What’s happens after you refinance with your tenants and the monthly rent? Wouldn’t you have to raise their rent to cover for the higher mortgage balance?

[@TheFasterFreedomShow]

Rents are set by the market and mortgages are set by the banks.. I can't really control either one of those numbers.. What I can control is the underwriting on the front end to make sure I have enough of a spread to cover all expenses 👍

[@waldomonroy452]

I’d like to see the numbers behind the interest paid to the private money lender and how the projects timeline

[@TheFasterFreedomShow]

Go to FreeRentalWebinar.com and that will help answer some of your questions👍

[@joefretty3426]

Great content, explained very well. Do you guys have a method for finding houses at a discounted price? Or, do you kind of just look around online and going to open houses until you find one at a low cost, but with potential requiring limited rehab costs?

[@TheFasterFreedomShow]

We have a ton of different ways to find off market properties. I have KZbin videos about it on here and also DM me on Instagram if you would like

[@haroldjeanite1849]

Lost a lil money when pulling out the Equity but I have a free house ahah yay! W/ 25% of Equity in it lol

[@TheFasterFreedomShow]

That's the power of the BRRRS method.

[@americanoutreach7496]

This only works if you already have income coming and no debt. That $1300 isn't gonna be considered by most banks as income until a yr or two. Which means, if you don't have previous cash coming in with little to no debt, good luck getting financed with another property. A $200 profit doesn't look good on your DTI. So if your income is $15600 a yr for that one property, and it costs ( with mortgage) $13,200 a yr , your dti is almost 85% ( IF YOU HAVE NO OTHER DEBT ) . So how is a bank gonna dare lend more money out with that much debt? What am I missing? Nevermind.. Just found out about DSCR ... lol

[@TheFasterFreedomShow]

🤣🤣🤣

[@sallytinay]

Amazing result congrats you guys wonderful

[@TheFasterFreedomShow]

Thank you Sally!

[@WilliamJohnson-hn4vz]

Salute Fellas. tons of value here. Good vid

[@TheFasterFreedomShow]

Appreciate that William!!

[@shepardfamily8278]

Great content. SLR autofocus was distracting though.

[@mattparsons7884]

Hey guys great video and nice deal. Just out of curiosity what would happen if when it is appraised it doesn’t come back to the figure you wanted and you have to leave money in the deal! Let’s say the refinance meant you couldn’t pay all the investor back at that time. How would you structure that or has that ever happened?

[@TheFasterFreedomShow]

You do this enough times and things will not go as planned, sure.. We have structured it in various ways. Mostly we keep reserves for this scenario. Use their money to invest and use our if stuff goes wrong. Want to keep the investors happy at all cost. We will get it back on the next one💪

[@mummigrace3913]

Im gonna post my journey too. Thank you

[@TheFasterFreedomShow]

awesome!

[@joshwhite6163]

Great video! We are under contract with our first home and excited to get started! 70%-80% on the discount percentage is a large swing, how do you guys determine what number to use, in this example you used 75%?

[@TheFasterFreedomShow]

1st of all great job! and i use 75% because that's average. but in some areas you will want to be more conservative then others.. Also depends if your ok with leaving money in the deal (because its a rental) most flippers use 70%

[@dextermusarurwa3255]

Hi guys great video, most understandable explanation I've found thus far. Where do I go to find a private lender though?

[@TheFasterFreedomShow]

Great Q. I recommend going to local REI you'll find a room full of people that believe in real estate and some of them are lawyers, doctors, and business owners that have money but no time to invest..These are the people you want to be friends with👍

[@faustohenriquez]

Loved the video, great content... Any private lenders you might recommend??

[@YourPittsburghHome]

Awesome video, I'm new to the BRRR strategy. So just to be clear... the goal here is to scale. $200 liquid cash-flow after all that work and taking out a 100k+ note on the property doesn't seem super worth it to me? So the only way this process makes sense is to scale up as much as possible. But what about risk? You just hold multiple mortgages on a ton of property at all times? What if you experience a high vacancy rate?

[@TheFasterFreedomShow]

Vacancy is super low and there is risk but hedged by discounted pricing and cash flow. Go to www.freerentalwebinar.com for my free training and info on my mentorship

[@macknumber9]

Scaling is definitley goal....but how else can you get 50% cash on cash return? You can't in real estate. You can in mobile homes but they aren't appreciating. This is best way to get a great cash on cash return (with of course a lot of hard work and risk) in the real estate appreciating asset world. You can build some serious net worth over time without needing a lot of up front start up money.

[@vdjosea]

Thank you for this video, exactly what I was looking for!

[@TheFasterFreedomShow]

Thank you! Check out my other stuff!

[@frankpappalardo630]

1st one since Covid

[@TheFasterFreedomShow]

❔What..

[@fransiskusraymond3242]

I just wanted to clarify things here. So you actually got your money back to pay for the private lenders through refinancing the house, meaning that you borrow 80% from the bank and repay the borrowed money back to the private lenders. is that a fair statement?

[@TheFasterFreedomShow]

Correct

[@JOCRUZ9163]

Very good video. I totally learned something today!

[@TheFasterFreedomShow]

Aweosme! Glad you did! Stick around for more!

[@ylianarojas469]

Who’s money again? The bank? Investors , partners. Show me how to get the money I’m dying to have a clear view about it. Thanks for every video, your great

[@TheFasterFreedomShow]

Thanks! We have a ton of videos on the financing & refinancing process

[@bcpiinvestigationsllc.5512]

Awesome video and information! Thanks.

[@TheFasterFreedomShow]

Thank you!!

[@christopherbenner7516]

This is very helpful. I have been looking to get into real estate, so it is helpful to get more knowledge.

[@TheFasterFreedomShow]

Thank you!

[@sallytinay]

Thank you very much

[@TheFasterFreedomShow]

Your welcome!

[@coptran2926]

It would be nice to have a team

[@Kennethbigtime123]

Awesome start to finish!

[@TheFasterFreedomShow]

thanks!

[@victorwhite4396]

Love your videos. Add me to the list for your training classes.

[@TheFasterFreedomShow]

Will do! Send my a DM on IG!

[@JamesJames-pj8fl]

Great video guys! Straight to the point!

[@TheFasterFreedomShow]

Thanks!!! Appreciate yiu!

[@vincentbarrera3745]

I would like to see a real comprehensive guide. I wanted to see every step. How did the buying look like?

[@TheFasterFreedomShow]

Go to www.freerentalwebinar.com

[@bigpanda148]

How do you get a private lender? And do you need a real estate license for this? If not, would it help if you had one? Great vid.

[@brandonperez6706]

Do you offer courses (doesn’t have to be free) from starting off to getting to the top?

[@TheFasterFreedomShow]

DM me on IG @SamFasterFreedom

[@j9488]

Good summary guys

[@TheFasterFreedomShow]

💪💪💪

[@Anonymousaaa]

Can you share how much money you and interest you took on short term lender ? Was it $90,000 including the interests ? How you didn’t put money at all

[@TheFasterFreedomShow]

lender covered rehab and purchase price. and bank was able to refi into a mortgage and payback the private lender

[@Anonymousaaa]

@@TheFasterFreedomShow yes it all make sense now, what only doesn’t make sense you have to make sure that the potential renter will be able to pay the rent high enough to cover new refinance monthly payments. Most times rent received it’s lower than what you pay for the new refinance monthly payment so you will have to cover it from your pocket ?