Updated over 7 years ago on . Most recent reply
Refinance cash out
I’m using the brrrr strategy do I need 6 months in reserves to refinance I used hard money to purchase & rehab
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It all depends on the type of loan that your using to refinance. If its a Fannie Mae loan (my suggested loan) then the amount of reserves is directly related to how many rentals you have financed?
Here are the actual guidelines: