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Raymond Stinson
  • New to Real Estate
  • Greencastle, IN
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Refinancing on a rent to own deal

Raymond Stinson
  • New to Real Estate
  • Greencastle, IN
Posted

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!

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