BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated over 1 year ago on . Most recent reply
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BRRRefinaceR (quick question)
Good morning BP,
Quick question, I just finished the rehabilitation of my investment property in Jacksonville, FL and just put a tenant at the house, now we’re getting ready to do the refinance. The house has a huge garage that we are going to convert into a separate studio (hopefully short or mid term rental). Can I refinance the house and the empty garage and then once I’m done with the garage refinance again the whole thing? Or what should I do with this kind of situation?
I’ll appreciate any help and/or tips :)