Quote from @Tom Pham: View report*This link comes directly from our calculators, based on information input by the member who posted.Greetings and happy new year to all,Would like to get advice on how much to borrow on the refinance portion of the BRRRR in this scenario.

Hi Barbara,If the question is about a note, borrower strength matters a lot more. 

@Sean SabinOn the BRRRR projects I do, I borrow the purchase and rehab money.

Sometimes the larger banks/credit unions have incentives for borrowers that have significant assets invested with them. 

This is a question that trips up a lot of investors because they focus on convincing the lender rather than just presenting a deal that speaks for itself.I've been on both sides of this (borrowing and lending), and honestly?

The rehab money is on the borrower.

I work in mortgage lending and spend most of my time helping investors and owner occupied buyers think through financing strategy, not just rates.A large portion of my experience has been with self employed borrowers and clients who own multiple rental properties, so I’m very familiar with more complex income scenarios, portfolio considerations, and structuring loans to support long term growth.I recently joined a newer lending platform that’s intentionally focused on clean execution, upfront documentation, and minimizing friction for borrowers and agents.

-Have borrower expectations shifted in your experience?

I've looked into HELOCs and borrowing against my 403b as other creative financing options for the future, but unfortunately this won't be possible.

Lenders often evaluate the potential of the property rather than just the borrower’s creditworthiness or the property’s current income, which is especially beneficial for value-add projects.