How to finance a BRRRR if you cant pay cash

[Josh Coup]

Dear BP community,

I found a property that I'd like to BRRRR. The asking price is 40k, which I don't have the cash for. The ARV is 60k at least. I haven't seen the inside and can't vouch for how much work needs to be done, but based on Zillow and MLS, the current owner has started several projects throughout the home.

My issue is how to fund this and make sure I can BRRRR. Without the full cash for purchase and rehab, can I do a conventional (I have the 20%) and hard money the rehab. Then refi after seasoning to pull it all out?

Please advise.

Thanks in advance!