Carrying costs of hard money loan for 13 months

[Lyanne Scott]

Hello,

Great to be here, as a newbie - so much good information! Hoping to gain some clarification/insight, as I must have missed something:  I don't see how to carry a newly rehabbed property for the typical 13 month term of the hard money lenders I'm seeing...with approx $20k in carrying costs during 3 months of rehab, and 10 more months of $2k/mo losses until the loan can be refi'd, how are other investors covering these carrying costs? Is it built into the initial hard money loan request, or ?? What am I missing? Thanks in advance!