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Is 80% LTV Cash Out possible on a new BRRRR rental?
My wife and I just completed a full renovation of a four bedroom three bath single family home in Baltimore.
We were planning on selling it but are leaning towards keeping it and using the BRRRR method. We have excellent credit. We're looking to get out as much cash as possible, is 80% possible? There isn't a lease on the property yet but I'm sure there would be quickly because everything is new including all new plumbing, electrical and HVAC.