It is a fairly signinificant set up fee and monthly charge. 

Here’s a quick overview of potential pros and cons, along with general advice on working with hard money lenders like them.Pros:Flexible Financing Options: Rehab Financial Group often specializes in real estate investing and provides hard money loans for BRRRR deals, which may be a good match for your needs.Quick Funding: Hard money lenders like Rehab Financial can sometimes offer quicker access to funds compared to traditional banks, which is important for BRRRR investors looking to move fast on properties.Cons:Higher Interest Rates: Hard money lenders usually charge higher interest rates than traditional financing sources.

Its affordability, ongoing revitalization initiatives, and strong rental market contribute to its appeal.

The northland MAREI meeting and the main monthly meeting at MAREI have a minimal fee, or for $99 a year you can attend all of them for no extra charge - northland is in person, the main meeting is still online, both are great ways to connect and learn. 

Does anyone know of any folks in the Austin, TX area available to show properties to potential tenants? I manage properties remotely and can handle all the leasing/management pretty easily with my team. Just need some...

Like to learn about long term rental

The lender does charge the flipper 4 points upfront, and the note represents 55% of the property’s ARV, so I’m not too worried about needing to foreclose if it comes to that.The lender uses his own capital for initial funding and then sells off the notes after that.

Back when I was in finance, we had a broker who was charging a family 2% for management fees on their cash that was only making 0.3% at the time.

This is usually done to increase your rental income but it comes with a price as you are finding out.  

The average rental is $1350 a month so you might be able to get someone in there at 1/2 price to manage the wedding venue.