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Updated about 1 year ago, 11/03/2023

Sandy Sandy's profile image
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Sandy Sandy
  • Member since Jun 25, 2023
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Sandy Sandy's profile image
Sandy Sandy's profile image
Sandy Sandy
  • Member since Jun 25, 2023
Connect
Sandy Sandy
5
Votes |
16
Posts
BRRRR - Buy, Rehab, Rent, Refinance, Repeat

What is considered as rehab?

Sandy Sandy
Posted

Hi,
Newbie here! I recently got a single family home  for 219k and it needed around 11k from my pocket to make it rent ready. It’s mostly painting , adding carpet to two rooms, cleaning, repair to the roof. Will my property value appraise higher ? Can I do a cash out refi for this rehab? Any thoughts? 

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