Updated over 4 years ago on . Most recent reply
BRRR newbie questions
Hello all,
Im in the process of selling my first place in California. Never thought I would sell it but market is hot right now and would like to scale up now that I live in Texas for the next 3 years(Military).
i would like to use my va loan on my personal home do sort of a live in flip during my time here but also like to do a brrr on a rental property.
The questions I have with this is how long after renovations do you typically wait to refinance? Right after?
Also if I don't have a hard money lender is it necessary to refinance?
my second thought would be to buy 3 sell 2 keep one strategy (one home would be lived in using a va loan ) coach Carson spoke about in retire early with real estate book. And try to own 1 of those properties out right when my time is done here in Texas.
Interested in which strategy the community would choose and why?
THANK you all in advance,