BRRRR Loans for
Real Estate Investors
Buy, rehab, rent, refinance, and repeat — with the right financing at every stage. We fund the short-term portion and connect you with trusted partners for long-term DSCR financing.
What is a Fix-to-Rent (BRRRR) Loan?
A Fix-to-Rent, or BRRRR, loan supports the popular real estate investing strategy: Buy → Rehab → Rent → Refinance → Repeat.
Instead of selling a renovated property, investors hold it as a rental, refinance into long-term financing, and reinvest their capital into the next deal.
REIA Hard Money supports the acquisition and renovation phase using short-term hard money financing. Once the property is stabilized and rented, investors typically transition into a DSCR loan through a third-party lender specializing in long-term rental financing.
Important: REIA Hard Money does not originate or service DSCR loans. We help guide you through the process and connect you with our trusted DSCR lending partner when you’re ready to refinance.
This makes BRRRR loans ideal for:
- Investors building a long-term rental portfolio
- Buyers looking to reuse capital instead of leaving it tied up
- Investors purchasing distressed or value-add properties
- Borrowers who prefer rental-based qualification over traditional income verification
- Milwaukee-area investors who want flexible, investor-focused financing
How the BRRRR Process Works
Buy & Rehab
with RHM
Use our short-term financing to acquire and renovate the property.
Stabilize
(Place a Tenant)
Once the property is rented, it becomes eligible for DSCR refinancing.
Refinance with Our Third-Party Partner
We connect you with a reputable DSCR lender who provides the long-term loan.
Repeat
Use your cash-out proceeds or long-term leverage to fund your next project.
Fix-to-Rent (BRRRR) Loan Terms
When you use REIA Hard Money’s Fix-to-Rent loan, you receive short-term financing designed to help you acquire and renovate a property before transitioning into long-term rental financing.
Our Fix-to-Rent loan offers:
- Up to 100% Loan-to-Cost (LTC) (maximum 70% of ARV)
- Up to 100% rehab financing (maximum 70% of ARV)
- Rates starting at 15% and 4 points
- No income or credit checks — underwriting is based on you and your deal
- Interest-only payments, beginning on the last day of the first full month
- Loan terms starting at 6 months (extensions available)
- ACH interest payments for speed and convenience
These terms apply to the short-term Fix-to-Rent portion of the BRRRR strategy. Long-term DSCR refinance terms are offered separately through third-party lenders.
Start with RHM's
Pre-Approval Process
Most BRRRR projects begin with short-term funding for purchase and rehab. Our pre-approval process is designed to help you get set up before you have a deal under contract — so you can move quickly when the right opportunity comes along.
Step 1: Set Up Your Business LLC
REIA Hard Money does not lend to individuals. You’ll need an active business LLC before moving forward with pre-approval or a loan application.
If you need assistance, we can connect you with our strategic partner law firm, Zimmer & Rens, or you may work with a legal representative of your choice.
Step 2: Connect & Get Pre-Approved
Connect with our team to start the pre-approval process. We’ll review your investor profile, experience level, and goals so you’re ready to act when a BRRRR opportunity arises.
Pro Tip: If you get pre-approved before you have a deal under contract, we’ll waive the $1,000 Account Setup Fee.
Step 3: Complete Account Setup
Once pre-approved, we’ll help you complete your account setup. We collect your business information upfront to ensure a faster, smoother closing process when it’s time to fund your deal.
This step is especially helpful for BRRRR investors planning to do multiple projects.
Step 4: Submit a Loan Application
When you have a property under contract, pre-approved borrowers can submit a loan application through our simple online portal.
You’ll be able to:
- Enter deal details
- Upload your purchase contract
- Provide rehab budgets and supporting documents
Our system is designed for repeat business, making it easy to work with us on every deal.
Step 5: Due Diligence, Underwriting & Loan Commitment
Our third-party appraisal experts evaluate your deal, including:
- After Repair Value (ARV)
- Rehab scope
- Exit strategy (rent and refinance)
If approved, you’ll receive a loan commitment outlining all terms, rates, and funding amounts.
Step 6: Close & Start Your Project
At closing, we disburse the funds needed to secure the property. We also fund approved rehab costs to support the success of your BRRRR project and help position you for long-term financing once the property is stabilized.
Benefits of BRRRR Financing
- Build long-term rental wealth
- Keep your capital working across multiple deals
- Avoid traditional income verification
- Scale your portfolio strategically
- Finance distressed properties banks won’t touch
- Create predictable cash flow over time
What Impacts Your Future DSCR Refinance Terms?
While REIA Hard Money does not originate DSCR loans, understanding what affects your refinance options can help you plan your BRRRR deal more effectively. DSCR lenders typically evaluate four main factors: Credit Score, Leverage/LTV, Loan Amount, and Debt Service Coverage Ratio (DSCR).
| Rate Possibility | Credit Score | Leverage/LTV | Loan Amount | DSCR |
|---|---|---|---|---|
| Options Available but with Higher Rates | 680-719 | 80% | $50,000-$99,999 | 1.00x to 1.19x |
| Good Rate Possible | 720-739 | 75% | $100,000-$199,999 | |
| Very Good Rate Possible | 740-779 | 70% | $200,000-$299,999 | |
| Great Rate Possible | 780+ | 65% or less | $300,00+ | 1.20x or more |
Frequently Asked Questions
What is a BRRRR loan?
A BRRRR loan supports the Buy, Rehab, Rent, Refinance, Repeat strategy. It typically involves short-term financing for purchase and rehab, followed by long-term rental financing.
Does REIA Hard Money offer DSCR loans?
No. REIA Hard Money does not originate or service DSCR loans. We fund the short-term portion of BRRRR projects and connect investors with trusted third-party DSCR lenders for refinancing.
Do I need income or employment verification for BRRRR financing?
REIA Hard Money underwrites loans based on the deal and investor profile. DSCR loans are typically underwritten based on rental income rather than personal income.
Can new investors use BRRRR financing?
Yes. Many newer investors use BRRRR financing, especially when working with short-term lenders that understand investment properties and value-add projects.
When should I start the DSCR refinance process?
Most investors begin exploring DSCR options once the property is renovated, rented, and stabilized.
Serving Milwaukee Real Estate Investors
REIA Hard Money proudly supports real estate investors throughout the Greater Milwaukee area. From value-add properties on the north and south sides to small multifamily rentals across surrounding suburbs, we understand the local market dynamics that impact acquisition, rehab, and rental performance. Our local focus allows us to structure short-term financing that aligns with realistic rents, neighborhood values, and long-term investment strategies.
Ready to Get Started?
Whether you’re at the
acquisition stage or already planning your
DSCR refinance, we’ll help you take the next step.
