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Updated almost 5 years ago on . Most recent reply
BRRRR using a Hard Money Lender
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!
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- Rental Property Investor
- Boulder, CO
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@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!