BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated over 3 years ago,
Question from a BRRRR newbie
Hi everyone, I am new to Bigger Pockets and just signed up for PRO. I am learning the BRRRR approach and one question that came to mind is whether this approach can be used for short-term rentals (e.g. AirBnb)? I'm wondering how refinancing works if it is a short term rental vs. having permanent renters in a place under a lease. In other words, does owning a short term rental make it harder to refinance to purchase your next property? Thanks so much for your help here!
Rob