I'm currently looking into the BRRRR method (Buy, Rehab, Rent, Refinance, Repeat) and need some advice on structuring a deal for a house that's in foreclosure.Here's a brief overview of my situation:Property Value: According to Zillow, the house is worth $649,500.Current Loan Amount: $470,000, which is the current market value without any repairs.Funding: I'm looking for a hard money lender to cover 100% of the purchase cost and rehab cost.Tenants: I already have tenants in place.I'm working on getting the exact numbers for the rehab costs, but I would appreciate any advice on how to structure this deal effectively.

They were strongly considering one with the lowest down payment and the highest interest rate based on the "I can refinance this when rates go down theory". 

The plan is to Refinance after a year, applying what is pulled out, back to the mostgage to pay it off as quick as posble.

With the DSCR refinance, part of the process is telling title how to vest the property.

If you have financing on a property and you sell it on a wrap, everything works well until the lender calls the note due.Since you have sold the property, you no longer own it, you can not refinance to pay off your lender.

Hey Min, Can you buy the property in advance as an "investment property" and then when you officially make the move, you can refinance it into a primary residence at much lower interest rates?

If this is the case, then you might be able to find a bank to refinance.

Most would probably require you to refinance the first and even then 80% may be a stretch - most I see are 75%.

if so, all you're doing if you refinance them is putting pressure on yourself to beat the interest rate you'd be borrowing at.

Hi @Taylor Robertson,To answer your original question, most lenders (private and conventional) will refinance an investment property up to 75% Loan to Value (LTV) of it's current value.