Hello friends,I am a new BRRRR real estate investor working and living in Germany.Just incorporated LLC in US and willing to buy my first rental property soon, The question here is the "Refinancing" part, As far as I learned that I cannot refinance unless I have a credit score, right?

However, if improvements were substantial then indeed a Cash out refi will be your best bet, and depending on your credit score, and cash flow you will be between 75%-80%. 

But man, getting that first sale was incredibly difficult.

Also interest rate has gone slightly down but I am getting an 8.8 % interest rate with credit score of 734. 

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

That's so incredibly helpful.

Although, reality is with all of the information you thought would score you the best tenant, could be so far from who they really are and who you just rented to, all based on documents you spent hours looking over.

Taking action today that involves a significant hit to your credit score could increase your auto / homeowner's insurance premiums and increase the interest rates for new  loans for an auto or property, etc.In fact, some opportunities may close to your altogether.

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