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All Forum Posts by: Jamal Madison

Jamal Madison has started 1 posts and replied 3 times.

BRRRR - Buy, Rehab, Rent, Refinance, Repeat

Post: FHA loan and BRRRR does it work ?

Jamal MadisonPosted
  • Anchorage, AK
  • Posts 4
  • Votes 0

@Connor Dunham I just got the appraisal back today and it appraised for 390000 so I feel like my numbers are pretty good my man ! Thank you tho !

0 Votes
BRRRR - Buy, Rehab, Rent, Refinance, Repeat

Post: FHA loan and BRRRR does it work ?

Jamal MadisonPosted
  • Anchorage, AK
  • Posts 4
  • Votes 0

@Zach Westerfield awesome thank you !!

0 Votes
BRRRR - Buy, Rehab, Rent, Refinance, Repeat

Post: FHA loan and BRRRR does it work ?

Jamal MadisonPosted
  • Anchorage, AK
  • Posts 4
  • Votes 0

Hello I am buying a duplex here in anchorage 4 bedroom 1.5 bath bottom unit and 3 bedroom 1 bath top unit for 328800 the ARV is 405 to 415 , it's going to be a slow BRRRR because I have to live there for a year and then move out and rent it out because of FHA but it is my first property and it's what's worked best for me. I was wondering has anyone done a cash out refinance with a FHA loan? if so is it less of a percentage doing it with a FHA?

0 Votes