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Updated almost 2 years ago, 02/16/2023

Jeff Scholen's profile image
Jeff Scholen's profile image
Jeff Scholen
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  • Member since Sep 8, 2020
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Jeff Scholen's profile image
Jeff Scholen's profile image
Jeff Scholen
Pro Member
  • Member since Sep 8, 2020
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Jeff Scholen
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BRRRR - Buy, Rehab, Rent, Refinance, Repeat

Buying fix up with Heloc, options for cash out refi at 80% ARV?

Jeff Scholen
Pro Member
Posted

Looking for advice… I am buying and renoing a property to fix and flip with a heloc. I would prefer to convert to long term rental… are there any loan programs that will allow me to refi at 80% of after repair value? I want to be to pay off the heloc with the cash out refi.

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