****mortgage and construction payments****

[Benjamin J Haithcoat]

I've heard a lot about about the BRRRR method. But the part that isn't really talked about is how the mortgage payments are made during renovation. So, my question is, do loan companies require payments to be made on your mortgage while renovations are being made and therefore your property is vacant, or can you defer those payments until the renovations are complete and you have an occupancy permit?

[Andrew Postell]

@Benjamin J Haithcoat there's LOTS of the BRRRR method that isn't talked about but mortgage payments usually get lumped into the "holding costs" portion of the equation. So things like insurance, utilities, and mortgage payments should all be accounted for when you are under rehab. These are monies that you need while the property is not making any income for you. In 99% of the situations your lender will require payments. Hope all of that makes sense.