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Updated about 3 years ago, 11/28/2021
Joe S.Poster
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- San Antonio
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How soon do you refinance your BRRR??
So my question is how soon are you refinancing your BRRR properties? So on my rehab loan I have 12 months to refinance. With the rising house prices a person that waits closer to the 12 months could potentially receive a higher appraisal. On the other hand whereas nobody knows the future and lending could actually change its ease in the future that could be a call for refinancing as soon as possible. I have been refinancing mine way before the 12th month. I have been second-guessing myself as well thinking man I could've got a better appraisal had I waited a little longer. So what's your thoughts? How are other investors handling the refinance time frame?