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 over 3 years ago,

User Stats

2
Posts
0
Votes
Ramon Chavez
0
Votes |
2
Posts

BRRR newbie questions

Ramon Chavez
Posted

Hello all, 

Im in the process of selling my first place in California. Never thought I would sell it but market is hot right now and would like to scale up now that I live in Texas  for the next 3 years(Military). 

i would like to use my va loan on my personal home do sort of a live in flip during my time here but also like to do a brrr on a rental property. 

The questions I have with this is how long after renovations do you typically wait to refinance? Right after?

Also if I don't have a hard money lender is it necessary to refinance? 

my second thought would be to buy 3 sell 2 keep one strategy (one home would be lived in using a va loan ) coach Carson spoke about in retire early with real estate book. And try to own 1 of those properties out right when my time is done here in Texas. 

Interested in which strategy the community would choose and why? 

THANK you all in advance, 

Loading replies...