Too date I have not seen one succeed in obtaining the financing they were looking for.

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?

Currently, rent control might go to the ballot in Nov http://www.gazettes.com/news/government/long-beach...There are also discussions in Inglewood, Santa Ana, Huntington Beach, and Orange County and other cities in Los Angeles, and Orange County. 

I do flip/development projects in the San Gabriel Valley and North East LA area and own several apartments out of state.Send me a message or email if you want to meet up and discuss more.

I really like the ability obtain a copy of another redacted offer, instead of pulling offers - real or imagined - out of thin air.  

If anyone wants to get together to discuss SB as a whole or wants me to run an analysIs for them, I have done tons of research on the market, valuations, rental rates, future projections, etc and I would be glad to do.

Hey BP Community,I am a new member to the site and this will be my first discussion starter - so take it easy on me.  

So now I am looking into the BRRRR strategy of using a hard money loan to obtain the deal.

Open to meeting with anyone in my area to discuss.

Ellen, this was a topic discussed on the recent podcast with the CPA speakers who wrote the book on Tax Strategies for RE Investors.