BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated almost 3 years ago,
My first BRRRR property - getting top appraisal value
I have just completed rehab on my first BRRRR property. Tenant moves in beginning of March. I purchased through traditional bank financing and have to wait 6 months until I can refinance. My tenant will be living in the property for 4 months prior to the refinance. I screened the tenant as I do for all of my rentals and made the tenant decision with the refinance in mind. Curious if anyone has suggestions to ensure tenant keeps the place in top appraisal value through the loan seasonal time frame?