Bought a Rental with Credit Cards — Nick’s First BRRRR Deal Outside His Home State

Описание: Nick and Courtney didn’t start as full-time investors — they were working demanding W-2 jobs in Oregon, slowly realizing that local real estate prices made scaling nearly impossible. After turning their own home into a successful rental, they committed to learning real estate investing seriously and set a bold goal: retire from their W-2s within five years using rental properties. That decision eventually led them to their first out-of-state BRRRR deal in Memphis, and one of the most creative funding strategies you’ll hear about.

In this conversation, Nick breaks down how they bought and renovated a rental property using 0% APR credit cards and business lines of credit, without relying on traditional bank financing. The property was purchased for $42,000, rehabbed into a 3-bed, 2-bath, and all-in around $103,000. With an estimated ARV of $145K–$150K, the refinance is expected to leave them with a nearly free rental property that cash flows around $2,000 per month after expenses. Along the way, Nick shares real lessons about contractor management, due diligence mistakes, and why conservative underwriting saved the deal.

This episode is an honest look at what real estate investing actually looks like — timelines slip, rehabs get bigger than planned, and confidence only comes after taking action. Nick and Courtney’s story shows that success isn’t about knowing everything before you start. It’s about committing to the process, building the right team, and being willing to move forward even when things aren’t perfect. If you’re stuck in analysis mode or think you need a ton of cash to start investing, this story will challenge what you think is possible with rental properties.

Want to learn how they did it? Check out my free training here:
www.rentalproppro.com/free-training