Before hard money lenders will consider you for a loan, you have to find a property. Whether you want to flip or rent (see the BRRRR method), the distressed property itself is the centerpiece of the deal. But what exactly is a distressed property? And what’s the best way to find one? This article will…
If you’re seeking a short-term loan to purchase, rehab, and rent a house, you may find the terms of a conventional mortgage to be too long. Or maybe your credit score or your financial past disqualifies you from a traditional loan. Fortunately, a tried-and-true funding source is gaining popularity among real estate investors: Hard money…
BRRRR stands for “buy, rehab, rent, refinance, repeat,” and describes a step-by-step process of real estate investment. Hard money lenders like Black Brook Capital are a great option for BRRRR investors. Traditional mortgage lenders often decline loan applications for the distressed properties that are key to the BRRRR method. How the BRRRR method works BRRRR works…