Brrrr Strategy Confused at Refinance part
Ok I am purchasing a dulpex for $60,000 it was listed for $75000 and rents for $600 each side. So do I need private lender or a conventional lender like credit union for my initial purchase of $60,000. With a regular lender how long will I have to wait to refinance? I want to refinance within 3 months to pull my money back out. Do I have to wait 6 months or can refinance when I Finsh renovation and it rented out. I am in Florida