BRRRR with private money lender
Hello!
I am wanting to get some input on a deal that I am working on right now. Found a great deal I intend to BRRRR. I have secured private money. The property is a small condo that definitely needs some work but not a total but job. I have run the numbers and they look great! My question is when I finish the remodel within 3 months and get it rented how quickly can expect a bank to issue a cash out refi? At this point I would pay my private money lender back and move on to the next deal! Thanks for your input!