BRRRR with out a 6 month gestation period.
2 Replies
Steven Denio
from Investor From Portland, Oregon
posted over 3 years ago
Hi all,
I am looking at getting into the BRRRR side of investing. I read somewhere that if you purchase the home with your own cash and renovate with your own cash as well that you don't have to wait the gestation period to refinance out of it. Is this true?
Thanks in advance for your help.
Kerry Baird
Rental Property Investor from Melbourne, FL
replied over 3 years ago
Gestation period, LOL. Check out "delayed financing," as this is the term you are looking for.
Steven Denio
from Investor From Portland, Oregon
replied over 3 years ago
Thank you for responding, Kerry.
Gestation period is how it was referenced to me :-).
Having the proper term helped a ton. Thanks!
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