BRRRRing a Vacation Rental

[Andy Whitcomb]

Hey BP!

I am planning to buy a cabin out in the mountains to fix up and keep as a short term vacation rental. I would like to use the BRRRR strategy, but now I'm realizing that I won't have a lease to show when I refi. Has anyone ever done brrr on a vacation rental? Any recommendations on how to refi without a lease in hand?

Also, I am planning to purchase this property in an LLC, which ads another layer of difficulty to the refi.

Thanks!