BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated almost 3 years ago, 03/07/2022
Refinance Personal Home for First Rental property
I have owned my home for 2 years now. I have roughly 140k in equity and I am looking to do a cash-out refinance. The cash will be used to start the BRRR method. I am looking at houses around 200-300k and then renovating them to be a rental.
Do you have any tips on going through the refinance? Companies to use or methods that can save me in fees. I have heard of some lenders not having a refinance fee.
Thanks