Holding Costs or other costs not covered by HML

[Kirsten Martinez]

Hello BP

I asked this same question in the BRRRR section but I think it can be answered in both.

I just wanted to ask the whole BP group how they get their funds for the Buying part. 

The HML can provide whatever percent LTV and even 100% rehab, but where do you get your Down Payment?

Where do you pull money from to pay your Holding Costs when you are in the Rehab process?

I have a friend that does Fix and Flip but they use a second position PML for their "Holding Costs". Though I'm sure the funds are probably spread throughout different uses in the project. Is that basically the only option, to have a person in 2nd position OR your own money for the things outside of the Rehab money from the HML?