1362 - Could Rehab Loans Replace Hard Money Loans for Investors? By Jeff Vasishta
BiggerPockets Daily - A podcast by BiggerPockets
As most house flippers or BRRRR landlords will tell you, paying for hard money—with high interest rates and points tacked on top—can take huge chunks of profit out of a project. For landlords, extra expenses are involved in making monthly payments and paying to refinance into a regular mortgage, further eroding the bottom line. It’s generally a big pain and a reason many would-be-flippers and landlords stay on the sidelines or prefer to find private lenders, content to get paid once a deal sells or secures long-term financing post-rehab. Learn more about your ad choices. Visit megaphone.fm/adchoices