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BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated about 2 years ago on . Most recent reply

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Dan N.
59
Votes |
119
Posts

Question about the Refinance part of BRRRR

Dan N.
Posted

There is something that I don't seem to understand about the refinancing part of BRRRR.

Whether you buy a property with cash or a hard money loan to fix up the property, DSCR and conventional loans require a seasoning period of 6-12 months before you can refinance.

If the BRRRR is minor and takes less than 1 month, how are people taking their equity out if they can't get conventional or DSCR loans? What am I missing here?

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2,343
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Alex Bekeza
  • Lender
  • Los Angeles, CA
1,300
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2,343
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Alex Bekeza
  • Lender
  • Los Angeles, CA
Replied

@Dan N. There are BRRRR friendly DSCR loans available with only 90 days of seasoning required (and in some markets even zero seasoning).

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