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Updated almost 9 years ago on . Most recent reply

Brandon Higdon's profile image
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Brandon Higdon
  • from Saint Cloud, Florida
  • Member since Mar 9, 2014
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Brandon Higdon's profile image
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Brandon Higdon
  • from Saint Cloud, Florida
  • Member since Mar 9, 2014
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Brandon Higdon
  • Saint Cloud, FL
3
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General Real Estate Investing

BRRRR Method

Brandon Higdon
  • Saint Cloud, FL
Posted

Hello BiggerPockets,

This is my first post. Yay me lol. My question is, How difficult is it to do the BRRRR Method if you want to use conventional or FHA financing for the 1st deal? In addition, how difficult is it to refinance an FHA loan? Any insight would be greatly appreciated.

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Mindy Jensen
  • BiggerPockets Money Podcast Host
  • Longmont, CO
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Mindy Jensen
  • BiggerPockets Money Podcast Host
  • Longmont, CO
ModeratorReplied

@Brandon Higdon, it is considered mortgage fraud if you say you're going to live in it but do not intend to do so. Mortgage fraud is typically charged as a felony. I'd skip that route.

  • Mindy Jensen
  • [email protected]
  • Podcast Guest on Show #261
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