BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated almost 4 years ago,
Need to CASH OUT, Memphis TN
I cannot find a bank without a $100k per door cash out refi loan minimum. I have a property in Memphis, TN with a 125k ARV, but two others with a 60k ARV and 65k ARV. Do all BRRRRs in Memphis have to have a $100k ARV? Is this typical of cash flow markets?