BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated over 1 year ago,
Question about the Refinance part of BRRRR
There is something that I don't seem to understand about the refinancing part of BRRRR.
Whether you buy a property with cash or a hard money loan to fix up the property, DSCR and conventional loans require a seasoning period of 6-12 months before you can refinance.
If the BRRRR is minor and takes less than 1 month, how are people taking their equity out if they can't get conventional or DSCR loans? What am I missing here?