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Updated over 2 years ago,

David Wherry's profile image
David Wherry's profile image
David Wherry
  • Member since Jul 30, 2022
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David Wherry's profile image
David Wherry's profile image
David Wherry
  • Member since Jul 30, 2022
Connect
David Wherry
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BRRRR - Buy, Rehab, Rent, Refinance, Repeat

BRRRR in Huntsville in 2022. First post on BP

David Wherry
Posted

Hello,
I am finding banks are not as willing to do a cash out refinance for BRRRR strategy these days. I have spoken with 2 lenders and 1 will not do a cash out based on a hypothetical new appraisal. The other lender is checking to see if they can offer that (which shows that it is still dicey). Do any North Alabama REIs have any insight or advise?

Huntsville, Alabama
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