Also you should also want to make sure a third party believes you can afford the homeAs an investor myself we are kicking our chops right now at all these “creative finance” deals that borrowers could not get traditional financing on and got some sort of seller financing and they clearly could not afford the home so come end of 2024-2025 we will see all of these defaulted loans on this which I will look to swoop in and buy at 50 cents on the dollar

Whether you're a seasoned property investor or just getting started, this comprehensive guide will provide you with the knowledge and tools needed to succeed in the world of property rehabilitation.Financing Your BRRRR Deal:Creative Financing: Gain a comprehensive understanding of alternative financing options, such as private money, hard money loans, and partnerships, to effectively fund your BRRRR (Buy, Rehab, Rent, Refinance, Repeat) deals.

We are not sure the best strategy to go about financing our renovation.

Here are some considerations:Your finances may be strained by negative cash flow, particularly if your monthly mortgage payment is more than your rental income.

I think you can be fairly confident in the fact that he's not going to get the money from another lender so really the ball is in his court on how he wants to proceed if he wants the financing. 

How did you finance this deal?

The NMLS is a red herring.As an example, we are licensed California Finance Lenders (CFLs) and only make business-purpose loans in CA.

How did you finance this deal?

How did you finance this deal?

When I first purchased the house, I financed it at 4.25 percent I believe.