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BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated about 5 years ago on . Most recent reply

Steven Cobb's profile image
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Steven Cobb
  • from Dallas, Tx
  • Member since Jul 20, 2018
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Steven Cobb's profile image
Steven Cobb's profile image
Steven Cobb
  • from Dallas, Tx
  • Member since Jul 20, 2018
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Steven Cobb
  • Dallas, Tx
7
Votes |
25
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BRRRR - Buy, Rehab, Rent, Refinance, Repeat

The Refinancing Step of BRRRR

Steven Cobb
  • Dallas, Tx
Posted

David Green mentioned in Podcast 327 that he started doing 1-2 BRRRR's each month. That sounds like he's pulling his money out each month. How did he refinance that soon? I thought you had to wait a while before you could refinance?

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Dan Gamache's profile image
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Dan Gamache
  • Lender
  • from Boston, MA
  • Member since May 7, 2019
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Dan Gamache's profile image
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Dan Gamache
  • Lender
  • from Boston, MA
  • Member since May 7, 2019
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Dan Gamache
  • Lender
  • Boston, MA
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417
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Dan Gamache
  • Lender
  • Boston, MA
Replied

@Steven Cobb commercial/private lender will allow you to refi to 75% of new appraised value at 90 days of ownership.

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