First BRRRR Deal and looking for exit strategy in case refi fails

[LaQuinn Bolling]

Hello BP,

We're in the beginning stages of completing a contract for our first BRRRR deal and have been wondering about ways to protect ourselves in the event we're not able to refinance. We're using private money on the deal so if we're unable to refi within 3-6 months, the lenders could foreclose. What are some exit strategies that you professionals implement?

Thanks,

Quinn