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It may seem like you need to throw a lot of your own money down to buy a property, rehab it, and rent it out. But with a simple strategy called the BRRRR Method, you can position yourself into property assets via refinancing and you don\u2019t have to invest any of your own money.

David Dodge is basically \u201cthe BRRRR guy,\u201d so he\u2019s here today to break down exactly how it works. BRRRR is an acronym, and if you follow the steps, you\u2019ll be making deals without putting your own money down.

The B stands for Buy. You have to buy the property. Find properties at a discount by looking for motivated sellers. The first R stands for Renovate. You can get private investor money to cover your reno costs. The second R is for Rent: you rent the property out to secure your cash flow. The third R is for Refinance, and this is really the heart of the strategy. And the final R simply stands for Repeat. You\u2019ve worked the method and made the deal, now go start the process again!

David also explains how to work with local banks and build relationships so that they\u2019ll be more likely to give you the loans you need. Plus, we discuss amortization: what it is, how it works, and how to use it to your advantage when refinancing.

To get involved in their program yourself, go to REInetwork.com/join.

What's Inside:

\u2014The BRRRR Method: Buy, Renovate, Rent, Refinance, Repeat.

\u2014P-BRRRR- Make sure you prequalify first.

\u2014How to work with local banks to secure loans.

\u2014Amortization explained.