BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated about 5 years ago,
cash out refi when BRRRR-ing
Hi BP!
I had some questions regarding cash out refi portion of the BRRRR strategy. What are the main criterias that lenders look for when you go to apply for the cash out refi? 2 year tax returns, seasoning period, certain amount of income to get full value, etc...
Also, what can get you denied?
I feel like this portion isnt talked about much. Id
highly appreciate any feedback on the matter from a lender or someone that actively brrrrrs. Thank You