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Updated over 7 years ago,
BRRRR Stratedgy- HML vs Bridge Loan
I'm in the midst of searching for my first property and have narrowed down my ideal RE strategy to BRRRR.
Presently, I'm determining how to keep my capital at acquisition fairly low.
Would it be more cost effective to utilize a Bridge Loan for acquisition and rehab or a HML? From what I've heard it seems that Bridge Loans are less common after the crash.
Will the re-fi process be easier from a bridge or a HML?
Any suggestions/advice is appreciated.
Thanks,
Faraz