BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated almost 3 years ago, 01/30/2022
How to find hard money lenders for fire damage
I am looking at a few properties for my first deal, and there is a duplex in distress. It has fire damage in the lower unit and I have a couple contractors to look at the damage. I don't think I can get a construction loan with my job history but if I could find a hard money lender I could throw around the idea of BRRRing the property. I'm up to adding the extra swaet equity but I don't know how to go around finding the financing for the property without any connections. My realtor doesn't have any connections and my mortgage lender refers me to a construction loan with a bank. Anyone have any suggestions or might be interested in talking about it?