Looking for hard money loan
Does anyone have any good contacts for hard money lenders? I am looking at a house to either flip or BRRR. Not sure which I'll do. It would be our first flip if we go that route.
Most Popular Reply
Hi Kenneth,
There are plenty of HML lenders that can help you in the Build Your Team tab above. Do some research, read reviews, and talk with lenders that are familiar with both the FNF and BRRRR strategy. If you're looking to BRRRR, make sure you're aware of the title seasoning requirements for the refinance part of the strategy. Most lenders are at 6 months of seasoning, however, I'm seeing programs that allow a full C/O refi using the new appraised value with title seasoning as early as 90 days. Hope this helps and best of luck!