Homestyle Renovation loan for the BRRRR method in So Cal?

[Mario Casarez]

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.

[Kyle Deutschmann]

@Mario Casarez hey Mario, Id agree with @Paul Welden - HomeStyle is a great renovation loan program (and is still available) to jumpstart your BRRR investing, but it really depends on a few factors to determine which loan option is best between Homestyle, 203k, hard money, etc.

For example, if you’re buying a single family property and are eligible for homestyle it’s generally a bit of an easier process than 203k and generally better rates than hard money, but there are always trade offs and certain situations may call for a different loan program. Id definitely recommend finding both a good agent and a good lender familiar with rehabs to help determine what loan option suits the situation best.