This may be dumb but if using the brrr strategy when going to get it refinaced can you get it done with a bad credit score thank you for your time I am new to this and any info would be great
Probably not, you need to qualify for the refinance based on your credit score. Check around on what score you need to qualify for the loan. I would focus on improving your credit first. Pay down your credit card debt or collection acts first.
@Tommy Pitts
How bad is bad? If you're talking about a FNMY or Freddie loan, then your score will be a factor. A portfolio lender may be a little more lenient but they will also consider your score. Lenders look at what is called "the five C's of credit":
Charactor, Capacity, Capital, Condition and Collateral.
You may be weak on one of the C's, but if the others are strong enough, it will get you a loan approval.