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Updated over 11 years ago,

User Stats

274
Posts
56
Votes
Joseph Pytcher
  • Developer
  • Frisco, TX
56
Votes |
274
Posts

Has anyone done this strategy and repeated?

Joseph Pytcher
  • Developer
  • Frisco, TX
Posted

Buying a distressed or 70% ARV home with hard money, 100% LTC then refinanced it at 75% or less and rented it out? Curious if anyone has done this several times over in order to build their rental portfolio. This, I would think would minimize out of pocket costs to acquire a rental property. Any ideas or thoughts about this?

Thanks!

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