BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated over 4 years ago,
Paying 2X the Closing costs on a BRRRR
Hello everyone!
I've spent the last few days thinking on the best way to articulate this question- so I hope it makes sense.
When using the BRRRR strategy, I've read that using a Conventional Loan for the purchase isn't efficient because you'd have to pay closing costs twice for the Refi.
What is the difference if using a HML for the purchase?