Updated about 3 years ago on . Most recent reply
What’s the truth behind BRRRR?
So I’m into doing my first flip and I’m looking to flip this property but my plan B on this property would be to refinance and rent it out and cash out but here is where I’m a bit unclear, I don’t have 2 yrs of W-2 or job anymore to show I qualify to be able to refinance so not too sure how the underwriting would go in this particular situation. Can anyone shine some light for me here I’d really appreciate the feedback guys. Also I do have over 8 yrs of real estate experience and understand the numbers. Thanks in advance!