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Updated almost 5 years ago,

User Stats

7
Posts
1
Votes
Rod Youte
  • Philadelphia, PA
1
Votes |
7
Posts

The BRRRR Method and Financing

Rod Youte
  • Philadelphia, PA
Posted

Can someone breakdown to me the financing aspect of BRRRR in regards to payment. So if a hard money loan is used to purchase the property will the investor have to pay the hard money lender on a monthly basis until he/she can completely refinance? OR is there no monthly payment to the hard money lender post BUY, Repair, and rent phase? Are there business credits and/or hard money that allows you to pay once you reach the refinance phase?

Thank you in advance  

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