I am looking for the most flexible lender for BRRRR and fix & flip

[Abraham Berkowitz]

Hi dear friend's!

I am doing BRRRRs and fix & flips in the Scranton PA area, and I started using hard money, and I don't like the part of the construction loan that the company that I am using is giving me a really hard time getting the construction money, they are only giving me when the construction is totally complete, and in the mean time I need to fund it from my pocket, and this is going on even after I did with them a lot of deals, they are not getting more flexible with me.

I would like to know if some of you invesers have had a more flexible lender I should be able to do more flips at once?

[Robin Simon]

Quote from @Abraham Berkowitz:

Hi dear friend's!

I am doing BRRRRs and fix & flips in the Scranton PA area, and I started using hard money, and I don't like the part of the construction loan that the company that I am using is giving me a really hard time getting the construction money, they are only giving me when the construction is totally complete, and in the mean time I need to fund it from my pocket, and this is going on even after I did with them a lot of deals, they are not getting more flexible with me.

I would like to know if some of you invesers have had a more flexible lender I should be able to do more flips at once?

Hi - yes, plenty of lenders on here that can help with that - you are likely going to want to use a private direct lenderthat does both hard money and DSCR Loans (so can cover in house both the loan for the purchase/reno and then the refinance if you are doing BRRRR)

Also sharing an article published here on BP last year on this topic which should help as well!

https://www.biggerpockets.com/blog/brrrr-loans-what-are-the-...