Initial Financing of BRRRR Deals

[Kody King]

Hi All- I wanted to get some thoughts on financing the initial money needed to purchase a property for a brrrr deal. My first couple deals I paid cash for the property and did the cash out refi after repair (or the typical brrrr method). Since then, the commercial lender I've been working with has offered to finance the initial purchase of the property at 80% LTV with a reasonable rate and closing cost of around $300-$400. They do not require a seasoning period from the time the initial mortgage is made to when I can do a cash out refi. This is much "cheaper" money compared to a hard money lender who might want 12% interest and origination fees for me to get the cash. I know this may limit how quickly I am able to close in some situations but this seems like a reasonable thing to be doing right? Am I missing something?