The BRRRR Method and Financing

[Rod Youte]

Can someone breakdown to me the financing aspect of BRRRR in regards to payment. So if a hard money loan is used to purchase the property will the investor have to pay the hard money lender on a monthly basis until he/she can completely refinance? OR is there no monthly payment to the hard money lender post BUY, Repair, and rent phase? Are there business credits and/or hard money that allows you to pay once you reach the refinance phase?

Thank you in advance  

[Christopher G.]

From my understanding, you pay interest monthly to the hard money lender for the length of the loan or until you refi. I'm still learning so anybody can correct me if i'm wrong. Hope that helped