Using Hard Money Loans for BRRR Strategy

[Jake Walroth]

Hey guys I've just HH'ed a duplex with my first purchase. I've fully bought into the BRRR Strategy..... I'm wondering if anyone has experience in using hard money to finance the purchase and rehab... I'm going to begin trying to talk with local banks/credit unions to try to ensure I'll be able to refi. Has anyone used this strategy.... is Refi'ing into a conventional to pay back the HML a good strategy? I don't really enjoy asking for $ or trying to attain private financing.... so I felt like this is my best/easiest bet for financing my rehabs. Any thoughts, advice, or suggestions are greatly appreciated.

Cheers.