For example, you might be able to get 1-2 year term mortgages that you can refinance (BRRRR) or sell (Flips) once the mortgage term is up. 

Remember too with cash out refinances, most lenders ensure you leave 75% in the house.

For example, find out what the home would sell for  (as is or if you finished it) or how much could you refinance it for with a no credit, no doc loan, then what are market rents and what are section 8 rents?

Looking for a more detailed walk thru the refinance part of the BRRR…How is the qualification process?  

This is a very simplified version of the process without accounting for market changes or bad investments, but hopefully the example helps show how you can speed up your process.Read Buy, Rehab, Rent, Refinance, Repeat: The BRRRR Rental Property Investment Strategy Made SimpleBuy, Rehab, Rent, Refinance, Repeat: The BRRRR Rental Property Investment Strategy Made Simpleby David Greene.

After a few years, you can re-finance that out of a VA loan and repeat the process.

Find a mom and pop property that has a little deferred maintenance and below market rents, turn it around, and refinance.  

Hello everyone and happy new yearI’m going over a single family brrrr and wanted to get your opinion on the refinance part as that’s what I’m analysing.I would be leaving roughly 14-18k in the deal and after paying expenses which include the following ( management, %4 vacancy, 4% maintenance, insurance, property tax, income tax) I would be left cash flowing $250-270. probably not attractive for the seasoned investors but for me it’s pretty decent?

Once that is complete you can refinance at will.

Purchase price: $100,000 Cash invested: $15,000 Renovating my primary residence to cash out refinance and to scale into my first STR.