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BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated almost 3 years ago on . Most recent reply

User Stats

19
Posts
10
Votes
Nicholas Creahan
10
Votes |
19
Posts

Core 4-BRRRR Edition

Nicholas Creahan
Posted

Hey all. I am buying a property in Cleveland area to BRRRR. I am in the initial phases of getting a cash offer accepted. I have a pretty good realtor and property manager. I have a decent contractor lined up, though I have not worked with him yet, people have recommended him and their reviews seem legit. Last bit, which I guess is my question. Should I have a lender lined up and pre approved before rehab OR wait until rehab is done or nearing done until I get one in place? I am new to BRRRR, so any insight would be much appreciated! Also, I have not asked my realtor if he recommends any lenders yet, but does anyone have a Ohio lender they recommend? Thank you to the moon and back for any answers to my questions!

-Nick 

Most Popular Reply

User Stats

383
Posts
361
Votes
Shane Kelly
  • Real Estate Agent
  • Cleveland, OH
361
Votes |
383
Posts
Shane Kelly
  • Real Estate Agent
  • Cleveland, OH
Replied

@Muhammad Amawi should be able to help you out on the lending question. And congrats on moving on a deal! I hope your offer is accepted and it works out for you.

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