Updated about 6 years ago on . Most recent reply
Refinancing on a rent to own deal
Hi everyone, I'm looking to use the Brrrr strategy for my 1st deal but instead of just renting it out I'm wanting to do a lease option/ rent to own to lower my expenses and increase rent and cash flow. I'll be using personal credit and a hard money loan to buy the house and fund the rehab. My question is will I have problems getting a cash out refinance after the 6 months of seasoning or will it be treated the same as a normal rental property... thanks in advance!