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All Forum Posts by: Becky Frempter

Becky Frempter has started 2 posts and replied 3 times.

Personal Finance

Post: App for Tracking Rehab Budget

Becky FrempterPosted
  • Posts 3
  • Votes 3

that is what we are using, ok thought maybe there was something nifty out there. thanks for the advise :) 

0 Votes
Indianapolis, Indiana
Personal Finance

Post: App for Tracking Rehab Budget

Becky FrempterPosted
  • Posts 3
  • Votes 3

Hi All! 

My husband and I are on our 6th BRRRR. We are having trouble efficiently keeping track of our budget with the Rehab. Does anyone have an App recommendation for us for budgeting purposes?

1 Vote
Indianapolis, Indiana
Classifieds

Post: Refinance - Cash Out 6 month seasoning

Becky FrempterPosted
  • Posts 3
  • Votes 3

Hi everyone! 

We completed our first BRRR (or almost) and we are at the cash out stage. Guidelines for conventional read we can only pull out our initial investment on the purchase price (not the rehab)... we want to get our funds on the rehab and purchase back to do it again... how do you get around the 6 month seasoning of pulling more then the initial investment out?

Facts: 

Initial purchase price $45k 

Rehab $50k 

After Repair Value $125k 

Purchase 7/18/2023

Trying to pull out 75% of our After Repair Value to BRRR again now. Let us know thoughts!

2 Votes
Indianapolis, Indiana