BRRRR with private lender

[Account Closed]

I am super interested in the BRRRR strategy and just want some clarification on how to use a private lender. I would want to use a private lender to put 20% down on the house and 12 months later refi and pay the lender back plus 8-10% interest. Are you able to get an investment loan with a private lender putting down the down payment? If so how does that work? Do they gift it or cosign? I have been looking for an outline on how to do a process such as BRRRR with a private lenders money and cannot find one.

[Whitney Hutten]

@Account Closed I would have the PML put the 80% down (or more) + construction and you contribute the remaining. Here is a guide on how to use other people's money including hard money and private money in the BRRRR deal.