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Updated over 8 years ago on . Most recent reply

Elizabeth O.'s profile image
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Elizabeth O.
  • Investor
  • from Fairfax Station, Virginia
  • Member since Sep 2, 2014
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Elizabeth O.'s profile image
Elizabeth O.'s profile image
Elizabeth O.
  • Investor
  • from Fairfax Station, Virginia
  • Member since Sep 2, 2014
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Elizabeth O.
  • Investor
  • Fairfax Station, VA
23
Votes |
95
Posts
Private Lending & Conventional Mortgage Advice

Being told this summer cash out refi allowed on properties 7-10

Elizabeth O.
  • Investor
  • Fairfax Station, VA
Posted
I was talking to my lender today and he told me that in June 2016 the guidelines are changing to allow cash out refi's on conventional loans #7-10. I've used the brrr method successfully on 2 homes so far allowing me to get back all of my money and move on to other projects. This would be great news if it's indeed true. Has anyone heard this or have any info on this? Thank you
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Georgia H.'s profile image
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Georgia H.
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  • from Catonsville, Maryland
  • Member since Aug 22, 2013
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Georgia H.'s profile image
Georgia H.'s profile image
Georgia H.
  • Investor
  • from Catonsville, Maryland
  • Member since Aug 22, 2013
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Georgia H.
  • Investor
  • Catonsville, MD
17
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Georgia H.
  • Investor
  • Catonsville, MD
Replied

@Elizabeth O what is a brrr and #7-10?

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