Brrr didn't even realize it!

[Calvin Atria]

purchase a property cash for 43k. It was in the middle of a foreclosure. So I picked it only going to be into the house another 20k and the arp will be 150k. So I'll be cash out and refinance and rinses and repeat! The funny thing is i didn't realize the method i was doing until I found this page! I'm hoping to find a group of individuals that would like to talk shop! Also do most people do the business loans to cash out and refinance or do they do something else?

[Andrew Zamboroski]

Quote from @Calvin Atria:

purchase a property cash for 43k. It was in the middle of a foreclosure. So I picked it only going to be into the house another 20k and the arp will be 150k. So I'll be cash out and refinance and rinses and repeat! The funny thing is i didn't realize the method i was doing until I found this page! I'm hoping to find a group of individuals that would like to talk shop! Also do most people do the business loans to cash out and refinance or do they do something else?

DSCR loans can be a popular option due to relaxed seasoning requirements (not sure how long you have owned the property).