How To Buy A Rental Property With No Money | BRRRR Method Explained

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Title	:	How To Buy A Rental Property With No Money \| BRRRR Method Explained
Lasting	:	10.22
Date of publication	:
Views	:	10 rb

Did you have or do you suggest to have reserves???
Comment from : Alisha Dec

HellobrIs this possible using a fha 203k loan after living the in the house the mandatory time they require?
Comment from : Alberto Cru

I just need to finish my metric first
Comment from : Ofentse Mankgaba

Just 15k and it can lift your house from 55k to 95k ? Wow, disney world
Comment from : Quan Nguyen

so what happen when you get a hard money loan and they only give 80ltv now you need to pay 20 and have no money and don’t have any credit card to pull the rest from what do you do?
Comment from : Business Coach

Was the 55k for the whole property or was that the down-payment?
Comment from : Lorenzo Grasian

The only and only con would be if the property is assessed for less that you owe to the private lander, and you have no enough money to pay them you would be in hot water😂
Comment from : Jay Avatar

A shoot me Steve's number
Comment from : Chilla Bees

Just curious where you bought?
Comment from : Amanda Scheller

That was a super friendly honesty lesson APPROVED
Comment from : Trevor Meyer

I really wish someone answers me If he knows all this y the f is he not a billionaire and is here on youtube literally requesting people to subscribe so that what? he can make a little extra money? WTF is wrong with all these people who commented below and believed all this shit YES THIS IS TRUE but if he could do it he would not be here BE PRACTICAL MFS
Comment from : Fareed Tariq

This is a lie, most private money lender want you to have a crap ton in liquid cash You can't just start with no money to your name "No money down" is misleading and makes ppl think they can be broke in real estate
Comment from : The Infamous Joel

Question!! When you rehab & you borrow money from a private/hard money lender, does that money already go into the labor work ? Or do you have to put your money to pay for labor ??
Comment from : Robert Vasquez

Awesome video Thank you for mentioning to go to a smaller bank to refinance I talked to a loan officer They made it seem like I’d have to live in the property in order to refinance I have a duplex with both sides rented out
Comment from : Daisha Lynn

Do I have to get a commercial loan or under my name in Order cash out refinance? Yes
Comment from : Bryan C

I have a private money lender and I'm confused about the refinancing part and how it works in detail step by step please ASAP !!! My question is when can you cash refinance the property to pay back the private money lender or does it depend on the bank ?
Comment from : Unknown Film Facts

Im not so comfortable rehabbing SFH They seem so unpredictable and hard to do I live in europe looking to do long distance but honestly don’t know how you guys do it so efficiently
Comment from : Cryptonian

Does it have to be rented for 6 or 12 months in order for the bank to cash out refi?
Comment from : Ethan Thao

From Vietnam with love
Comment from : AV Phan

I thought you needed 25 deposit and equity still left in the house to get a mortgage on it, can you please explain what I’m missing?
Comment from : Robert Price

I want to get into the rental property game but worry about doing it where I live (NJ) due to the high property prices and ridiculous taxes brDo you have rental properties out of state?brDo you go and see them yourself if you do or just have trust in local contractors etc
Comment from : Alex Davies

I am going to start investing when I find a SFH at a discount!
Comment from : Dylan DeFeo

Do you add maintenance fees into the rental price? Or do you take money out of the $200 dollars and put it aside for maintenance?
Comment from : Gillian Reed

Brrrrr method is good but you owe lots of money you can’t get rich quick
Comment from : Baldeep Kal

do you have to put the lender under contract when getting the money?
Comment from : Kyle

Can refinancing the home after some years get you a better mortgage rate to increase that profit?
Comment from : OceanSplash

Is the market too high rn? Should I wait to buy a property or wait for market to go down some more
Comment from : OceanSplash

After the long term renters contract is up, would short term rentals make more $$ for you monthly ?
Comment from : OceanSplash

Once you have enough tho do you use a private money lender or your own and keep that 6K?
Comment from : OceanSplash

Find your Steve as soon as you can so you can BRRRS like Sam :)
Comment from : jalabi99

Trying to do my first one but hit the wall with funding
Comment from : Larry Haines

Would it be difficult to scale with the brrrr if I'm investing out of state? Currently I'm in LA and the I'm thinking about investing in the midwest
Comment from : Chopper Chief B