Many investors are successfully closing their bridge loans, but they are getting blindsided during the Refinance (the 'R') stage of their BRRRR.The problem isn't the property; it's the lack of Exit Planning.As a Balance Sheet lender working with Florida investors, I’ve noticed that "Stated Income" and "DSCR" are the most misused terms in 2026.

The owner is caught in the middle, trying to coordinate between parties who don’t share responsibility.This is where many investors feel blindsided.

Most investors get blindsided with this. 

They’ve at least been willing to outline what the step‑ups look like so I’m not blindsided later.

On a 3-month rehab that can be $5K-8K easily, depending on the market.I have seen guys get into their first BRRRR and budget the purchase and rehab perfectly, then get blindsided by the carrying costs.

I'm seeing a lot of folks get caught on margin creep -- they nail the rehab budget but get blindsided by carrying costs and extended hold times.

I've worked with quite a few out of state investors that have felt blindsided when it's time to place a tenant.

That dude literally hosted the podcast for years and still got blindsided by some crazy sh*t. 

Inspired Health Care becomes the next on the list of DST Sponsors who have blind sided investors with the abrupt stop in distributions.

It's a very uncomfortable position to be in as a sponsor and I suspect that is what drove those decisions but the only thing that investors dislike more than losing their money, is being blindsided by it.