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Updated almost 8 years ago,

User Stats

145
Posts
20
Votes
Lakshay G.
  • Small Business Owner
  • Fallston, MD
20
Votes |
145
Posts

BRRR Concern Question

Lakshay G.
  • Small Business Owner
  • Fallston, MD
Posted

Hello,

I live in Maryland (Near Baltimore). I may have been misunderstood but I was told at one of the REIA meetings by a person who works for a Self directed IRA company that when money is borrowed from a hard money lender to purchase and repair the house, it'll be hard or almost impossible for me to get it refinanced for a conventional loan (for buy and hold) for rental purposes. If this is true, I won't be able to do @Brandon Turner's famour BRRRR strategy.

Please help. Thank you. 

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