Hello all- new here to posting on the forum but have been following and reading up the past few months and had a quick clarification question on private money loans and refinancing with BRRRR.I would just like to make sure I am thinking about this situation correctly.Let's say I were to buy a duplex for $80,000 that needed $20,000 in rehab that would put the ARV around $120,000 and was able to obtain a private money loan for the $100,000 at 10% interest could I then rent out one side of the duplex, move into the other side and refinance after a 12 month seasoning period?

Yet there are people who want to cap rents on private property.Anyways hope you guys follow this and join this group:Better Housing For Long Beach "BH4LB"  (Pro-property rights.)http://www.BetterHousingForLongBeach.comSign up for their email list for LB rent control news.

No missing vital information in the private section of the mls about how to make an offer. 

Are there any creative ways to get this money through private lenders, etc for the down payment?

Maybe finding a private lender is a better option. 

@Phil Leonard I'll address these one at a time:Capital - if someone doesn't have the capital necessary, then it's time to go seek private money...or in other words, a partner. 

I bet they know the answers.Also a good background check will tell you most of what you need to know.

Private message me if you want more details.

I would certainly find either a solution by tapping some equity in what you have already or finding some private sources for the down payment.  

Hello as always thank you all in advance for the shared knowledge.  I recently had issues with a bank loan falling through at the last minute, and lost a deal. Fast forward a few weeks, I found another but this time I...