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Updated about 5 years ago,
SDIRA - BRRRR
Hello, while I'm waiting on money to be transferred to my SDIRA I'm wanting to get some info.
My SDIRA currently doesn't have any properties. My plan is to buy a MFR cash, rehab, rent, refi. On the refi, am I correct in that I can only get up to 65% back due to the SDIRA? If so, I'm not sure I'd be able to get what will be put into it. Would it make more sense after the first property refi, to buy the next properties with 25% down and use BRRRR from there forward until I'm near my reserves?
What are your thoughts on pulling all of my money out of my SDIRA/401k's, take the hit, then use BRRRR?
Thanks!