BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated over 2 years ago on . Most recent reply
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Refinancing low credit score
What happens if you start a brrrr and use 0 percent cc for the rehab materials causing credit score to decline from high utilization rate? I assume need to pay the cards off and won’t be able to refi and pull the money out?
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@Andrew Postell hit the nail on the head. you can also get a line of credit. If its a small rehab and you want to use your cards to get miles, or what ever that's one thing. but it will drag your score down.
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