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BRRRR - Buy, Rehab, Rent, Refinance, Repeat

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Alvaro Suarez
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How to avoid the 6 month no cash out period?

Alvaro Suarez
Posted Apr 30 2024, 09:14

So I have been looking a wholesale properties to remodel and rent after. I was thinking about different ways to avoid the 6 month period in which one has to own the property for in order to refinance cash out. Here are my thoughts:

Buy the property on my name. Sell the property to an LLC of my own

Buy the property on an LLC name. Sell the property to an LLC with two partners (one of them being my own)

Buy the property with an NV or NM LLC (partners are not public information). Sell the Property to my Arizona LLC

Buy the property under a friends name. Sell the property to myself

What would you think about this? Or do you have any other good legal way of doing this?

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