BRRRR - Buy, Rehab, Rent, Refinance, Repeat
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 5 years ago,
Soonest you’ve refinanced a BRRRR?
My goal is to obtain financial freedom through rental properties and has been for a long time. I don't love the idea of flipping, but I know it can help build capital quicker. I have an investor that is willing to fund a flip for me. I would really like to do the BRRRR strategy and pay them back with my refinance, but from what I've seen you can't refinance until 6 months to a year. My investor is more interested in a flip to get their money back within 2-4 months (assuming all goes well and the property sells within a reasonable time).
My question to you guys: what’s the soonest you’ve been able to refi? I’ve heard some people say they were able to get sooner than 6 months.