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Updated almost 6 years ago on . Most recent reply
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How does the brrrr strategy work?
Hey BP! I’m wondering how exactly the brrrr strategy works & I really need you’ll help!
I bought my 2nd rental property (sf)cash from the auction(again) and again used my own cash for the renovation and they both rent out now for 700 month. I dumped around 15k into both properties and both their arv is 60k.
My question is how do I cash out refinance without the constant hits on my credit and how soon can I cash out refinance ? You’ll help would be much appreciated bc it seems like the answers to those questions always seem to be cloudy.
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I don't have to season any of my properties. There are banks that don't require it.