Brrr refinance question

[Michael Bridgett]

To those that brrr, are you financing the home then paying the rehabs out of pocket? Or using rehab loans?

I often hear investors evaluate the property before the Reno and refinance, however not after. After the refi (and possibly the rehab loan) your mortgage increases therefore effects the cashflow.

Would appreciate any insight on this.

Currently buying a value-add project, that needs to be completely updated. Seeing if a brrr would be possible.