Taxes and Refinancing with BRRR

[Dennis O'Loughlin]

2 questions about BRRR. When you use the BRRR method, since you are not doing upgrades but rather repairs, you can either deduct or depreciate all the work you do or hire out right?

Second question. After you Rent and are ready to refinance, how do you work it so it doesn't go against your 10 maximum personal loans you are allowed to have? Obviously you can't DSCR it so what do you do?

[Robin Simon]

Quote from @Nicholas L.:

@Dennis O'Loughlin

on your second question - what do you mean "obviously you can't DSCR it"?

i have done several BRRRRs and have a mix of conventional and DSCR loans. you can definitely refinance a BRRRR into a DSCR loan.

on your first question - can you elaborate what you're asking?

This as well - what do you mean on "obviously can't DSCR it" - to the contrary, DSCR Loans have become the main option for BRRRR Refinances ever since the GSEs upped the seasoning requirements for cash-out refis last April