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Updated about 5 years ago on . Most recent reply

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46
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Corey Law
  • Rental Property Investor
  • St. Petersburg, FL
3
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46
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BRRRR using a Hard Money Lender

Corey Law
  • Rental Property Investor
  • St. Petersburg, FL
Posted

Hello Everyone, I hope you all are safe and healthy. I am looking to use the BRRRR method for the first time. I want to do so using a hard money loan. I have never used and hard money loan nor have invested in real estate using the BRRRR method, so I really don't know what to expect. I have been reading up on the hard money loans as well as learning about the BRRRR method. Does anyone have any advice for me. Should I not use a hard money lender? What are the disadvantages of using one? Thanks!

Most Popular Reply

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1,543
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1,151
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Whitney Hutten
#3 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Rental Property Investor
  • Boulder, CO
1,151
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1,543
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Whitney Hutten
#3 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Rental Property Investor
  • Boulder, CO
Replied

@Corey Law HML isn't at scary as it sounds. That said, as of the time of this post, you can get a fix and flip loan but be prepared to refi out conventionally (commercial refis will come back... just not sure when). Here is a to help you!

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