Stop guessing what you can afford. Find out. 🏠 𝗠𝗢𝗡𝗗𝗔𝗬 𝗠𝗢𝗩𝗘: Call a lender this week and ask: "What financing options might be available to me for an investment property?" Ask about: • Down payment • Credit requirements • Debt-to-income • DSCR loans • Investment-property financing • Reserves • Interest rates 𝗬𝗼𝘂 𝗱𝗼𝗻'𝘁 𝗵𝗮𝘃𝗲 𝘁𝗼 𝗮𝗽𝗽𝗹𝘆! Give them a Hypothetical about your Credit / Cash and DTI Start learning what the financing world looks like before you need it. Check out the 𝗗𝗦𝗖𝗥/ 𝗛𝗮𝗿𝗱 𝗠𝗼𝗻𝗲𝘆 𝗰𝗹𝗮𝘀𝘀 𝗯𝘆 𝗵𝗼𝘀𝘁𝗲𝗱 𝗯𝘆 @𝗕𝗿𝗮𝗻𝗱𝘆 𝗦𝗮𝗺𝘀

You might hear investors say they're doing a BRRRR. It stands for: Buy RIGHT Rehab or (add Value) Rent Refinance Repeat Here's the idea: Buy a property that needs work. Fix it up Rent it out based on the highest and best case use of the property ( sec8, STR etc.) Refinance based on the property's new value, so you can get your money back. Then potentially use some of the capital you've recovered to buy another property. Then do it again. Sounds too good to be true ..It can be—but the numbers have to work. The renovation cost, new value, rent, financing and other expenses all matter. 𝗕𝗥𝗥𝗥𝗥 𝗶𝘀𝗻'𝘁 𝗮 𝗺𝗮𝗴𝗶𝗰 𝘁𝗿𝗶𝗰𝗸. 𝗜𝘁'𝘀 𝗮 𝘀𝘁𝗿𝗮𝘁𝗲𝗴𝘆. Learn the language. Understand the numbers. Make better real estate decisions.