Are You Planning Your Refinance Before You Buy — Or Figuring It Out After Rehab?

Many investors focus on finding deals and funding rehab but don’t plan their refinance exit upfront. Credit, rent, ARV, available cash, and DSCR all determine whether you can pull capital back out and hold the property long term. Without that plan, investors often get stuck in short-term debt or end up selling instead of building long-term wealth.

For rehab deals, most investors bring around 10–15% down. With 680+ credit, there may be options to finance the down payment if there is enough equity in the deal, and sometimes closing costs can be structured into the deal. With 720+ credit and a solid scope of work, there are some programs that may offer up to 100% financing depending on the strength of the deal.

For turnkey rental properties, investors are typically putting 15–20% down and will generally need a DSCR ratio of around 1.00 or higher.

You can sometimes get approved with credit in the 620–660 range, but expect lower LTV options and higher interest rates. In simple terms, you are paying for the lower credit score through loan structure and pricing.

If you want to see what financing you may qualify for, contact PRM Capital at 941-932-4142.

Click here to book an appointment:https://outlook.office.com/bookwithme/user/188bd0565bbe424289dba081fae83bfd%40prmcapital.net?anonymous&ismsaljsauthenabled=true

Many of our clients have scaled to hundreds of properties by financing both rehab and turnkey rental acquisitions strategically.

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