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Updated almost 6 years ago on . Most recent reply

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Joey Moon
  • Decatur/Huntsville Alabama
0
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Is a down payment required when using BRRRR??

Joey Moon
  • Decatur/Huntsville Alabama
Posted

So, if I'm using a line of credits to purchase and rehab a property and then want to refinance out with a conventional mortgage using the BRRRR strategy, do banks usually require the 20% down as they do with non investment properties?

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