What kind of loan should I use for a BRRRR?

[Juan Rubio]

I am pursuing my first deal, I am thinking of doing a BRRRR but want to know what other ways I could finance the deal other than a conventional loan. What are some types of loans that can be used for buy and holds? Thank you for your feedback guys!

[Andrew Syrios]

We use private loans up front (8-9% interest only), that way we can finance the whole purchase and rehab (or most of it as it usually goes) and don't have to pay a bunch of loan fees. Then we get a long term bank loan once it has been rehabbed and rented.