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Updated almost 5 years ago on . Most recent reply

User Stats

32
Posts
4
Votes
Robert Smith
  • New to Real Estate
  • Ooltewah, TN
4
Votes |
32
Posts

What's The Next Step...Before Refinancing?

Robert Smith
  • New to Real Estate
  • Ooltewah, TN
Posted

So I'd like to say I'm following the BRRRR method, but I'm currently done the following, Buy, Rehab, Rent, however, I've never refinanced a home, so I'm not sure what the process flow typically looks like other than some minor details here and there.

I have not had my property re-appraised since I purchased it, and did not know if I need to pay for that to be done before contacting my mortgage company that I want to refinance, or if the mortgage company typically does all of that automatically when I ask to refinance?


Overall, I'm just trying to understand the typical process when it is time for the refinancing part.

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