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Updated over 8 years ago,

Brad Spies's profile image
Brad Spies's profile image
Brad Spies
  • from Saginaw, Michigan
  • Member since Apr 6, 2016
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13
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Brad Spies's profile image
Brad Spies's profile image
Brad Spies
  • from Saginaw, Michigan
  • Member since Apr 6, 2016
Connect
Brad Spies
  • Saginaw, MI
2
Votes |
13
Posts
Creative Real Estate Financing

Brrrrrr

Brad Spies
  • Saginaw, MI
Posted
I have a foreclosure I'm buying for $55,000. I would like to use the brrrr strategy. My lender is saying if I pay cash and then rehab and it appraises for 90,000(equal to other comps in the area) I would only be able to refinance for the purchase price and that's after 6 months. Any advice on how to do it more efficiently to get my money back sooner?
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