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Updated over 5 years ago on . Most recent reply

User Stats

22
Posts
1
Votes
Vincent Dimedio
  • Sewell, NJ
1
Votes |
22
Posts

BRRRR method question

Vincent Dimedio
  • Sewell, NJ
Posted

Going through my first property using BRRRR method I'm at refinance stage at about two months in trying to refi but most banks are requiring 6 month seasoning so looking for advice. I found a couple banks requiring 3 months seasoning which would work but higher interest and closing costs taking away some of cash flow on property if I roll all costs into mortgage. Just wondering what everyones thoughts are? Just go higher interest, have less cash flow and move on? Or wait for the 6 months?

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