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50
Posts
28
Votes
Josh H.
  • Flipper/Rehabber
  • Northern Virginia
28
Votes |
50
Posts

Is 80% LTV Cash Out possible on a new BRRRR rental?

Josh H.
  • Flipper/Rehabber
  • Northern Virginia
Posted

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.

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