Hey @Nick Causa , did anyone ever send you some info on this? Or, did you happen to find an answer? Came across this and hoped someone would respond soon as my family and I are looking to do the same :)
Also, how is this working out for you so far??
Scratch that, I found it - in BP article about the BRRR strategy:
R — Rent
Banks rarely want to refinance a property that isn’t occupied so renting usually needs to come first. I have talked about the importance of screening before, and it’s critical to screen diligently so you get tenants that will pay each month. But it’s also important on the financing side. While appraisers shouldn’t take too much into account about how clean and pleasant the tenant is, as noted above, everyone is human and such impressions can make a difference. It’s important not to forget this.