POTENTIAL OBSTACLES OF BRRRR

[Jason Malabute]

What are potential obstacles when trying to BRRRR? For example:

1. Are there cases when you can't refinance ?

2. If you buy the property in cash can you refinance?

3. Do you have to have a W2 job to refinance?  Do you have to make a certain amount from your job or business to refinance?

4. Can you always pull out 75% of appraised value in cash? Are there cases when you can't pull out the full 75%?

5. Does your yearly income and wages affect how much you can pull out from the refinancing ?

6. How soon after purchase and rehab can you refinance and pull out cash?