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Buying & Selling Real Estate

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Ovais Zuberi
  • Skokie, IL
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Refinance and BRRR Strategy

Ovais Zuberi
  • Skokie, IL
Posted Apr 13 2018, 22:00
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

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