Updated almost 10 years ago on . Most recent reply
Limit to BRRRRR?
Buy for cash, rehab, rent, refi to pull your cash out. Rinse. Repeat.
Got it.
But, that means you take on a cash out loan for every property you use BRRRRR.
So, how many loans can you carry this way?
Do they have the same weight on your credit report as a conventional mortgage?
Do you still fall under the 10 loans rule for Fannie/Freddie?
What other pitfalls/challenges should I know about with BRRRRR when I'm doing my 2nd, 5th, 8th BRRRRR property?