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BRRRR - Buy, Rehab, Rent, Refinance, Repeat

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Joseph Crunkilton
  • Rental Property Investor
  • Oregon City, OR
779
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324
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Do I Need to Arrange Refinance Lender Before Starting BRRRR?

Joseph Crunkilton
  • Rental Property Investor
  • Oregon City, OR
Posted Jan 24 2021, 12:24

All, 

I am looking to close on a small multifamily with a capital partner. We will be doing a BRRRR and hopefully be pulling our equity out at the end. This will be my first rehab but I am confident with my team.

I've heard of new BRRRR investors having trouble getting refinanced on their first project. Do you recommend networking with local lenders before starting the project? I am doing all my due diligence to make sure we can get through this smoothly.

Any tips are welcomed and appreciated. 

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