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Updated over 8 years ago on . Most recent reply

Thoai Han's profile image
Thoai Han's profile image
Thoai Han
  • Real Estate Agent And Investor
  • from Philadelphia, Pennsylvania
  • Member since Jan 1, 2016
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46
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Thoai Han's profile image
Thoai Han's profile image
Thoai Han
  • Real Estate Agent And Investor
  • from Philadelphia, Pennsylvania
  • Member since Jan 1, 2016
Connect
Thoai Han
  • Real Estate Agent And Investor
  • Philadelphia, PA
7
Votes |
46
Posts
General Real Estate Investing

Qualify for refinance or heloc ?

Thoai Han
  • Real Estate Agent And Investor
  • Philadelphia, PA
Posted

Does anyone know what are the requirements to use the equity in your home for BRRRR? I own my home free and clear. No liens or anything against the property. Is there a minimum income and work history I have to maintain? I understand the buy, renovate, rent, but have a really hard time understanding the refinance part. I own a house in hunting park. Assessed value is at 55k i believe. What would you do to get refinancing ?

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Thoai Han's profile image
Thoai Han's profile image
Thoai Han
  • Real Estate Agent And Investor
  • from Philadelphia, Pennsylvania
  • Member since Jan 1, 2016
Connect

User Stats

46
Posts
7
Votes
Thoai Han's profile image
Thoai Han's profile image
Thoai Han
  • Real Estate Agent And Investor
  • from Philadelphia, Pennsylvania
  • Member since Jan 1, 2016
Connect
Thoai Han
  • Real Estate Agent And Investor
  • Philadelphia, PA
7
Votes |
46
Posts
Thoai Han
  • Real Estate Agent And Investor
  • Philadelphia, PA
Replied

@Chris Mason Yes I understand that part, but what are their requirements to get approved for it?

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