Refinance and BRRR Strategy
I'm looking at buying a property. $130,000 2bed 2bath condo. Expecting rehab cost to be about $25-$30K. ARV should be around $200K.
How long after I rehab the place can I refinance and get a new loan? I'm thinking of doing the rehab, renting the unit out, refinancing and pulling my investment out. IS this possible?
Thanks