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Updated over 5 years ago,
Hard Money Lenders Brrrr
I've been analyzing a few different properties and am looking to buy my first rental using the BRRRR strategy.. I am currently waiting to hear back from the bank to see what I qualify for, but since I will have a low down payment I know I will have to use a FHA loan or go with a hard money lender in order to rehab the properties. With that being said does anyone recommend a specific lender? Also, what happens if I go with a hard money lender and I can't get a bank to refinance?