Delayed Financing Using The BRRRR Method

[Sean Dawson]

Has anyone had any experience using delayed financing for the BRRRR method? What are the pros and cons to this versus a traditional re-finance? I understand there is no seasoning period, but does that mean that you also do not have any equity in the home after the cash is taken back out of the home with delayed financing? Or are you still able to get it re-appraised after the rehab is done and get the LTV ratio that you want with a BRRRR property after it is appraised?

Also, for rehab costs I understand that I need to put that money into some kind of escrow when I purchase the house. Is this correct? Any insights would be greatly appreciated. Thanks!