Rehab Loan with bank vs. BRRRR
Is it better to purchase a rental with hard money and BRRRRing it or just buying with rehab loan from bank, right out of the gate? You'd think save a lot on hard money costs by just acquiring with bank rehab loan instead. And your not running the risk of being stuck with hard money, because for whatever reason the bank wont fund your deal. Less stress.
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Yes, all in it was 18%. I'm sure there are better deals out there in the HML world but probably no real bargains.