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Updated over 8 years ago,
BRRRR Question
Hello everyone! I have a newbie question related to Brandon's BRRRR strategy. If I pay cash for a SFR in Birmingham Alabama, rehab it, and rent it out, will I have to wait several months to let it "season" before I can refi and pull 80% out? In other words, does paying cash for the deal help me get around the seasoning requirement so I can go on to the next, or will I still have to wait some period of time before I can finance the equity out?
Thanks in advance to all you helpful folks that post here!
Jay