There is an much art as science in financial projections and numbers change with the market.  

Compare this to other hard money lenders to ensure you’re getting a competitive deal.Reputation: Before working with any lender, it’s crucial to check reviews, reach out to other investors who’ve used them, and potentially even meet with them in person.Experience with BRRRR: If possible, find out if they have experience funding BRRRR projects specifically.

I use partnerships to help me fund my projects when it is hard to get financing.

The house, built in the early 1900s, was outdated and required major renovations.

In your 'assumptions' and projections, Would you rather...1.

Many are buying properties, doing minimal renovations to keep their crews busy, and selling with small or zero profit margins.Cash buyers are a priority.

Sounds like an interesting project but I am sure there is more to the story.

If you've done a complete renovation—say, updating a 60-year-old building to 2025 standards—their quote could be outstanding.

That said, I wouldn't let projecting rates factor into my decision as much as whether or not you want to pull the extra $$ out.

If substantial renovations or capital improvements are made in later years, those improvements may qualify for new bonus depreciation.3.