BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated almost 5 years ago,
BRRR Refinance- How much are you getting?
Getting ready to do my first BRRRR, where I will be purchasing the home and rehabbing with cash. I then plan on Financing the property.
My question is what percentage of ARV are you guys able to finance for your Non-Primary Residence investment properties?
I spoke with a local bank that offers 80% for a primary residence and 70% for non-primary residence such as investments. Not sure if this is typical or if I should try searching for other banks.