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Updated about 3 years ago on . Most recent reply
Can I BRRRR a project with less than 25% down?
I am an experienced broker in the Chicagoland area and am looking to get into investing. I realize that value add is the best way to BRRRR - are there lenders ( either traditional or hard) that will loan on acquisition and construction costs with less than 25% down from the investor on a project?
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Zachary,
This is possible, Hard Money lenders will finance up to 90% of the purchase price and 100% of the rehab costs, but typically require some experience.