Financing Rehab Costs BRRRR
Hello I am looking to invest in a few properties out of state and throughout my search I’ve found a few private or Hard money lenders that are willing to finance 100% of the improvements and 90% of the homes purchase price. My question is should I put the down payment (25%) that I am planning on putting for each property through the hard money lending loan and pay for the repairs separately? Beyond the obvious benefit what other advantages are there to having a hard money lender finance the repairs? Does it make any difference if I put the money down then or when I refinance?