100 Percent Hard Money Financing

[Bevin Bankston]

I’m pre-approved for a multi-family loan and recently came across an off-market property in Bellingham, MA. It’s a great fit for a BRRRR strategy with strong equity potential, but it won’t qualify for a traditional loan.

For those of you who have done BRRRRs, what financing methods have you used to cover both the purchase and rehab costs—ideally up to 100% hard money? I’d love to hear what’s worked best for you.

[Theresa Harris]

If you are doing 100% hard money, you are going to be paying a lot both due to the type of loan and also the amount.  I've always bought with 20% down and had money set aside for any renos that were needed.