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BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated over 3 years ago on . Most recent reply

User Stats

31
Posts
17
Votes
Tyson R.
  • Rental Property Investor
  • Salt Lake City, UT
17
Votes |
31
Posts

100% Refinance Questions. How is it done?

Tyson R.
  • Rental Property Investor
  • Salt Lake City, UT
Posted

I love the BRRRR idea but wanted to understand how people are getting their money back out of the deal quickly. How are people refinancing their down payment and renovation costs out? This is assuming a quick renovation and good equity position of course.

The two-way's I've heard are financing all of the deal and renovation and doing a rate-and-term refinance or waiting 6 MONTHS to perform a cash-out refinance. How are you doing it?

  • Tyson R.
  • Loading replies...