How to Limit Credit Score Impact in Frequent BRRRR Deals?

[Devvrat Kumar]

For investors doing multiple BRRRR deals each year—how are you handling the impact of multiple hard credit pulls from lenders during cash-out refis?

Do you have strategies to minimize the effect on your credit score while still keeping up with frequent refinances?

[Zachary Deal]

Quote from @Devvrat Kumar:

For investors doing multiple BRRRR deals each year—how are you handling the impact of multiple hard credit pulls from lenders during cash-out refis?

Do you have strategies to minimize the effect on your credit score while still keeping up with frequent refinances?

 Credit pulls are typically valid for 120 days so you should only have to do a maximum of 3 pulls per year which should not have much of an impact on your credit. Keep credit utilization low and always pay your bills on time.