Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 8 years ago on . Most recent reply

User Stats

12
Posts
5
Votes
Nathan Fesnak
  • Real Estate Agent
  • Cape Coral, FL
5
Votes |
12
Posts

BRRRR Finance Question

Nathan Fesnak
  • Real Estate Agent
  • Cape Coral, FL
Posted

My question is a simple one, however, I am getting a different answer from different mortgage brokers in my area.  

When using the BRRRR strategy, when you rent the property and refinance the property, will you be able to use that rental income as income with conventional style lending to get approve an another loan for the next property? Or will I have to wait for two years of rental history to use the income? Will having a two-year lease make any difference over having a one year lease with my tenants?

Loading replies...