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Updated over 9 years ago,
BRRR Method and Refinancing
I am interested in using the BRRR method in the future and had some questions on the refinance part. I am currently in escrow for a single family home that will be financed through a VA loan and want to buy another property in one year. I like the idea of the BRRR method but was wondering how hard the refinancing part would be for someone in my situation. I understand that all banks will have different requirements but since I am Active Duty and do not make a ton of money and I will have one mortgage already (If everything works out) will that be a red flag for the banks? If I can find a great deal do income and debt matter as much when I go to refinance?