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Updated almost 4 years ago,
Novice BRRRR Question
Hi Guys/Gals
I'm ready to take the plunge to buy my first investment property outside of my current home which doubles as a short term rental. I want to go the route of the BRRRR method. I want to use a Hard Money Lender using monies from a HELOC of my current property as a down payment. My question is, should I find a HML that will work with me prior to finding the deal? My thinking is that I don't want to find a good deal and then have to hunt down a lender that will work with me. I'd rather have all of that lined up prior to so that I can close the deal faster. Does this sound like reasonable thinking?
thank you