We were just approved for financing, but a condition is that the cosigner must be on both the mortgage and the property title.Our intent is to only keep them on for a few years, then refinance and remove them from title and loan.

The idea was purchase cash, then cash out refinance with the attempts to pull off the BRRR strategy or close too it.

We have budgeted $60,000 and 6 months for the project.All-in cost $145,000ARV estimate $225,000Rents $2200After reno is complete and we have the property fully rented we plan on doing a cash-out refinance and go find another deal.

After reno is complete and we have the property fully rented we plan on doing a cash-out refinance and go find another deal.

I am helping my grandmother search for good banks that will allow her to refinance out of her curent contract that is through seller financing.

I just completed the renovation of the first.Moving to the Refinance (or delayed financing) step uncovered an unpleasant surprise.

And I think the contract of your refinance most likely states that you will need to live in the property for one year following a refinance.

Im planning on buying this house fix it up and refinance it and BRRRRR my way to a early retirement. 

What are you opinión of this deal: bought home for 410k, fha with 6% seller concession.The home is a live and flip deal. 4bed, 1 bathroom. 1500Sq ft cape, roof is mid life, no foundation issues, no oil tank issue, no furnace issues Renov 48k ( on a personal loan) ( New kitchen, second bathroom, landscaping, fencing, repair existing bathroom, New flooring, paint the inside, replace two window, repair deck, putca couplecof gutters,, update electrical panel, New major appliances)With the current market in my area ARV 560K (iam in upstate ny) Should I keep for 2yrs or refinance and rent this out?

Increasingly, I work outside the banks until it's time to refinance.