BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated almost 3 years ago,
Refinancing Bankers Credit
Hello!
I was having a conversation the other day with a fellow investor about the BRRRR method and he was telling me about a "bankers credit" he receives when refinancing his properties when he can show he's put over $15,000 of work into the property. I have never heard of this and I can't seem to find any information on it online. I am just curious if this is a real thing, and if so how does it work??
Thanks so much for everyone’s help with this, and best of luck to you all in your endeavors.