Hey guys,

I am looking to do my first BRRRR. I found a house that needs a lot of work in a decent area. Problem is the town where the home is located is notorious for being difficult. This makes getting FHA or 203k Loans is quite difficult for what I hear.

I have an opportunity to use some hard money on really affordable terms. If I do choose to exercise this option and go the hard money rout, would you guys recommend me putting the house on a legal entity or just sign the title myself?

Any reason as to why a 203k loan may be preferable? I understand the loan terms are far better but the time constraints and all the nuisances involved with getting the money to do the repairs seem to not be worth it.

Thanks in advance!

Jeff