How You Can Create Unlimited Wealth…
How You Can Create Unlimited Wealth…
youtu.be
The Burrs method is a way to buy real estate without using any of your own money. It stands for buy, rehab, rent, refinance, and scale. First, you need to find a distressed property and borrow money from a private lender to buy and repair it. Then, find a tenant and get the property rent-ready. Next, do a cash-out refinance with a small local bank for 80% of the appraised value. Pay back the private lender and owe the bank in the form of a mortgage over the next 25 years. Rent covers all expenses, and you can scale and repeat the process to create unlimited wealth.
The Burrs method is a way to buy real estate without using any of your own money. It stands for buy,