BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated almost 2 years ago,
BRRRR with CASH?
Quickquestion...
Looking at my First BRRRR deal. I have enough to buy the house with cash and do the renovations. Once I have completed the renovations and have it rented, I can then refinance the house (to my understanding). My question is would this be a regular 30 yr loan or would this be another type of loan since I paid cash for everything? It will be in my LLC but it seems like I will be financing what I already own. Thanks