Do You Plan the Refinance Before You Buy?

Do You Plan the Refinance Before You Buy?

Real Estate Broker · Frankfort, KY · Member since 2019 · 129 posts · 38 votes

For investors who renovate properties with the intention of eventually holding them:

When do you start thinking about the refinance?

Before purchasing?

During the renovation?

After the property is stabilized?

I've seen investors focus heavily on acquisition and rehab numbers but give less attention to the eventual financing strategy.

I'm curious how experienced investors approach this.

Do you build your potential refinance into the original deal analysis? Why or why not?

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  • Lender · Lake City, MI · Member since 2019 · 118 posts · 42 votes
    1mo

    I start before I even purchase.  My goal is to have multiple exit strategies incase something happens in the market during the renovation stage.

    Over here at The One Brokerage we get all the refinancing structure setup for clients before they even make the initial purchase so they know they have a solid exit strategy

    • Real Estate Broker · Frankfort, KY · Member since 2019 · 129 posts · 38 votes
      1mo
      Quote from @Bryce Fairburn:

      I start before I even purchase.  My goal is to have multiple exit strategies incase something happens in the market during the renovation stage.

      Over here at The One Brokerage we get all the refinancing structure setup for clients before they even make the initial purchase so they know they have a solid exit strategy


       Appreciate your replies!

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