Raleigh, NC · Member since 2015 · 12 posts · 3 votes
What are some of the restrictions you have to take into account on the refinance when doing the BRRRR method? Isn’t there restrictions on the property seasoning or “cashing out” on an investment property? Does the loan type or the lender make a big different, and can do you do that with a conventional loan?
@Paul Duncan I'm not 100% sure but believe it is six months for conventional loans, however there are portfolio/commercial lenders in my market that I've done BRRRs with that don't require any seasoning.
That may be something to consider if you're looking to grow quickly, especially if you're buying in/through an LLC.