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Surviving When the BRRRR Hits the Fan with Josiah Smelser (Part 2, Post-Coronavirus)
What happens to a no-money-down BRRRR investor when a pandemic breaks out, lending standards suddenly tighten, private money lenders get skittish, and property values quickly drop?
Today, Josiah Smelser returns to the show and tells all.
In Part 1 yesterday, we learned how Josiah built a $4M portfolio by buying, renovating, renting, refinancing, and repeating using both hard money and private money.
Coronavirus hit him hard. And if he didn't have cash reserves, credit options, and the right mindset, it might have totally wiped him out.
When the virus hit, Josiah had 10 properties he needed to…
The skinny
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