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Updated almost 8 years ago, 03/18/2017
Can I use the BRRR porocess on 100% Financing
Good morning, I was wondering if I would be able to use the BRRR process, if I received 100% financing. I just bought a Personal residence for myself. It needs about 10,000 in work. I paid 166,000 for it. Is there any way that I can do a cash out refinance on a property such as this.
The home appraised at 174,000 before any renovations.
Thanks!