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

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9
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Stanford Walker
  • Bay Area, CA
1
Votes |
9
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How and when should I talk to a bank to refinance a BRRRR deal?

Stanford Walker
  • Bay Area, CA
Posted

It's just a simple question I had. I was wondering when the best time would be to talk to a bank to refinance a BRRRR deal. Should I do it before or after the rehab or let a bank know I plan to refinance the house after the rehab once I purchase the deal? What's the best way to go about this?

Most Popular Reply

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3,757
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3,109
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Kenneth Garrett
  • Investor
  • Florida Panhandle/Illinois
3,109
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3,757
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Kenneth Garrett
  • Investor
  • Florida Panhandle/Illinois
Replied

@Stanford Walker

Start talking to banks now.  Tell them what your strategy is.  Have them look at your financials/credits scores so you are good to go.  This way you are sure you can complete the refinance portion.

  • Kenneth Garrett
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