Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 5 years ago,

User Stats

21
Posts
6
Votes
Sanise Hass
  • Rental Property Investor
  • Philadelphia, PA
6
Votes |
21
Posts

BRRR in a twist! Confused.

Sanise Hass
  • Rental Property Investor
  • Philadelphia, PA
Posted

Ok so here it is... My mom has a house. It's in her name I stay there majority of the time. I wanted to use the BRRR strategy. So can we refinance the home to my name and then use the cash out to finance a new property which I plan to BRRR?

Or once my mom’s home is in my name can I instantly rent it out for cash flow? How long after a mortgage is transferred or refinanced to another person can that new owner move out or rent out? And if I don’t like landlording, would I be able to just sell the home within 6 months-1yr? Hope I didn’t confuse you all. Just a confused newbie. 

Loading replies...