Loan options on rehab to rent

2 Replies

Is it possible to purchase/rehab a proprty using hard money and then find renters to get a new loan on better terms against the equity on the property? Or would my only option be to sell the property after rehabbing?

Yes, that's exactly what we do. Read up on the BRRRR method, lots of info here on BP. If you buy right and rehab right, you can pull all of your money back out and start all over, leaving a trail of rentals and passive income in your wake.