06/15/2026
Our student Dale purchased his first rental property for less than 50 percent of fair market value!
This house is a $195k house that was purchased for just $94k. That purchase price is less than 50% of its Market Value (ARV).
I was the lender on this transaction (which is one of the major advantages of being in my coaching program). I loaned Dale $80k of my own money to buy this house (I only lend my personal money to coaching students).
How did he find this property?......
Dale found this property by mailing postcards to a list of motivated sellers.
I teach my students how to do this at the Wholesaling Real Estate Boot Camp.
This seller was extremely motivated to sell and was in a bad situation. His partner had moved into an assisted living facility, and they owned the house free and clear but desperately needed the money from the sale of the house. This is a textbook example of a motivated distressed seller.
Dale purchased the property with a private lender hard money loan (from me). He then spent $12k making the house rent ready. He repainted the house inside and out, remodeled the bathroom, and cleaned up the terrazzo floors. When the house was ready to rent, he advertised the house for rent and rented it to a Section 8 tenant.
After the tenant moved in, he contacted a mortgage broker to refinance the private lender loan. The house appraised for $195k, which is $101k higher than what he paid for it. If you deduct the 12k in repairs, that is $89k profit. Deduct the points, fees, closing costs of around 9k, and that is a profit of $80k on one house (from a postcard).
With the appraisal, he was able to refinance the mortgage into a conventional mortgage at a much lower interest rate.
This is called the BRRR Method, which stands for Buy, Repair, Rent, and Refinance. I teach this strategy at the Buying Rentals and Building Wealth Boot Camp. You can learn more about the boot camp by clicking the link in the comments below 👇
Learning how to implement the BRRR method is one of the fastest and easiest ways to build wealth, start a rental portfolio, and create a life of financial freedom for you and your family. To be able to implement the BRRR Method, all you need is
A Pulse (be alive and have a pulse)
A Job (have a paycheck and proof of employment)
A Minimum Fico Credit Score of 620
If you are reading this, there is a good chance you have all three (we know you have the first one!)
After refinancing, Dale has a rental property worth 195k with a mortgage of 135k. That is 60k in equity. On top of that, he has cash flow of almost $700 a month.
And with this BRRR strategy, he can buy as many rentals as he wants!
You can’t afford not to learn how to implement this BRRR Method for yourself!
If you are ready to buy your first rental and start building a rental portfolio, then make sure you don’t miss the Buying Rentals & Building Wealth Boot Camp. At this boot camp, I will be teaching my students (and you) how to build wealth and financial freedom with rental properties.
I will show you how the Buy, Repair, Rent, and Refinance (BRRR) Method works and how you can buy houses with no money down utilizing this strategy.
You will see many examples of our students, like Dale, who have used it to create success! Click the link in the comments below to learn more 👇