Here's a good example of a BRRRR (Buy, Rehab, Rent, Refinance, Repeat) deal we did recently that I went over in depth for MAREI, the local real estate association in Kansas City. I wrote a piece for their website and gave a short talk on it:
The article (and video) go over how the deal went, but more specifically, how to work with a wholesaler. As I note in the article,
In order to get the first crack, the wholesaler needs to know you and trust that you can close. (Many wholesalers have heard people talk big only to be unable to put the money together at the end.) Proving yourself to a quality wholesaler can go a long way, which was the case for us on this deal
Most wholesale deals suck, but some are good. And you need to jump on those quickly if you're going to have a shot at them.
Check it out!
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Andrew Syrios"Every day is a new life to the wise man." Archives
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