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Updated over 3 years ago,

User Stats

25
Posts
20
Votes
Mario Casarez
  • New to Real Estate
  • Whittier, CA
20
Votes |
25
Posts

Homestyle Renovation loan for the BRRRR method in So Cal?

Mario Casarez
  • New to Real Estate
  • Whittier, CA
Posted

Been doing lots of reading and almost ready to begin my BRRRR journey, but I came across the Homestyle Renovation loan option while reading up on Hard Money Lenders.  As a complete newb, would the HomeStyle Renovation be a recommended path to take considering I would only need 3% down and low interest rates?  As stated, I'm new and have never completed a real estate investment purchase.  I'm a high school teacher who would like to use BRRRR to help me reach financial freedom.  I prefer to work with an agent as I learn the process of BRRRR, so from what I've read on the Homestyle Renovation loan, it looks like a nice option for completely new investors like myself?  Is working with an agent also advisable. 

Also, please don't message me privately unless you leave a comment below first.  I am new to Bigger Pockets and I tend to thing people who message me privately are scammers.

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