BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated over 2 years ago,
****mortgage and construction payments****
I've heard a lot about about the BRRRR method. But the part that isn't really talked about is how the mortgage payments are made during renovation. So, my question is, do loan companies require payments to be made on your mortgage while renovations are being made and therefore your property is vacant, or can you defer those payments until the renovations are complete and you have an occupancy permit?