Refinance in BRRR deal.

[Jot Singh]

Hello All, 

I am new to real estate investment. I was taking to a Mortgage broker friend of mine about BRRR strategy. He mentioned that their are several limitations on refinancing the homes you bought. He wasn't sure of exact requirements but offered to find out. I figured i post here in mean time.

Q1: Is there a time limit you have to wait before you can refinance to traditional mortgage?

Q2: Is there a limit to how much you refinance/mortgage based on ARV of the property or the original contract price?

Q3: Any particular banks/credit unions in California that you know who are easy to work with in this regard?

Thanks in Advance.