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Updated over 6 years ago,
BRRRR financing - how to qualify for the refinancing loan
After you make your first purchase and each following, what does it take to get the loan to purchase the following property? I have a 30 yr mortgage and expect I would have to show the rental income from the first cash purchase property to increase my debt to earning ratio to get the full loan amount from the cash property. Am I correct on my assumption as there anything that can be done to shorten the timeline to purchase the next property without having to show the taxable earnings from the initial rental property first?