Delayed financing and BRRRR

[Sean Harris]

I will be buying properties soon and implementing the BRRRR strategy. The thing is, i will be using a HELOC for the full cost of the home plus rehab. To make my payments lower on the HELOC I was thinking of using delayed financing to pull some money out to pay down the HELOC making the monthly payment lower and then once the rehab is completed then refi to pull the remainder of my capital out. Does this make sense or has anyone done this? Thank you