Where to start on financing options for BRRRR ?

[Matt Cruz]

Hello Everyone,

So I have started looking into potential BRRRR deals in my area, and ran numbers on a few. I'm starting to get to a point where I find one that looks to be a good investment, so if I was 100% ready, my next step would be to take my GC over there and estimate the rehab cost.

The main part that is holding me back is my lack of knowledge with the Financing part.

Where would be a place to start for me seeing that this would be my first investment deal?  My wife and I own our current house, and it's actually in just her name.  Will that play into my favor when getting financing for this deal, or do I need to get my name added on the mortgage?  I guess I'm a bit confused between the different financing options I would have available.  I'd like to get a loan for the Purchase price + rehab costs.  I do have a good chunk of change in savings as well if needed, but for my first rehab I'd like to only dip into that if the rehab goes over estimated cost.  Credit score is around 780's right now (not sure how much impact that will have).

Matt