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Updated over 4 years ago on . Most recent reply

User Stats

7
Posts
1
Votes
Michael Clark
  • Rental Property Investor
  • Raeford, NC
1
Votes |
7
Posts

BRRRR Refi CASH OUT VS SIMPLE REFI

Michael Clark
  • Rental Property Investor
  • Raeford, NC
Posted

Does the refi step in the BRRRR process have to 100% be a cash out refi for it to be a clean BRRRR? Or could I get away with doing a simple refi and have the new lender pay off a HML.

I ask because after calling 30+ credit unions and banks in NC the best I found was 65% cash out LTV.

Most Popular Reply

User Stats

29
Posts
25
Votes
Ben Lapane
  • Rental Property Investor
  • Houston, TX
25
Votes |
29
Posts
Ben Lapane
  • Rental Property Investor
  • Houston, TX
Replied

@Michael Clark

80% cash out or bust

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