BRRRR Finance Options Question

[Steven Benton]

Hi, I'm preparing to execute my first BRRRR venture and am wondering how common it is for individuals to finance the initial property purchase as opposed to using personal cash or a hard money lender (I will use personal cash for the renovation)? Are financial institutions open to financing wholesale or "under market value" homes that need improvement with a 15-20% down payment? I understand that there will be a second set of closing costs and interest, but is this a viable avenue? Any input would be greatly appreciated!!!! Thanks in advance!