Financing Using Hard Money or Private Lenders

[Samuel Iddings]

My partner and I are looking to purchase a property using a hard money lender or private money lender. Can anyone walk me through the “Loan to Refi Repay” process? What do the margins need to look like for it to be feasible? Do I need money to cover paying the lender back every month until the refi comes through? Does this process only work if the property needs to be flipped? How much do I get in the refinance?