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BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated over 2 years ago on . Most recent reply

User Stats

135
Posts
47
Votes
Alon A.
  • Investor
47
Votes |
135
Posts

BRRRR at this days

Alon A.
  • Investor
Posted

Hey guys

I wanted to check out with you if you had any luck to Re fi cash out in the last year ?

They giving me 75% in DFW area , so instead im doing a regular 30 years re finance (no cashout) with 75% and thats how im not putting any cash at close.

It is very hard for me to do cash out, every time i want to do , rates are high and i dont have enough to cover it...

-for example

-property purchase price 270K with 71K expanses 

ARV before remodel 426K, ARV after remodel 460K.

PAY off hard money lender is 328K

I dont have enough for cash out ?

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