Your Loan Is Basedon What It's Worth Now.Not What You Paid.
- Loan sized on new appraised ARV: not original purchase price
- No seasoning: refi the day rehab is done
- Buy distressed at $120K, renovate, refi at $260K ARV
- Pull back most or all of your invested capital
Ready to pull equity based on your new ARV? Submit your deal: no seasoning, no waiting.
Submit Deal Summary →No credit pull · Rates within 24 hours · Consistent 28-day closings
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Why ARV, Not Purchase Price, Is What Matters
This is the core mechanic that makes BRRRR work. You purchase a distressed property below market value, invest in renovation, and the after-repair value is significantly higher than what you paid. The DSCR refinance is sized on that new appraised value: not your original purchase price.
Example: You buy a duplex for $130,000. You invest $45,000 in renovation: total cost basis $175,000. Post-renovation, the property appraises at $280,000. Your DSCR refinance at 75% LTV is based on $280,000: giving you a $210,000 loan. You pay off your hard money, recover your renovation costs, and still own the property.
Conventional lenders may use the lower of purchase price or appraised value for recently acquired properties. DSCR lenders use the current appraised value. That difference is the entire BRRRR arbitrage.
Deal Breakdown
Key Numbers
Purchase Price
$130,000
New ARV
$280,000
Loan at 75% LTV
$210,000
Capital Recovered
~$70,000
Program Requirements
Credit Tiers
- ✓680+ FICO → Up to 80% LTV (ARV)
- ✓660–679 FICO → Up to 70% LTV (ARV)
- ✓650+ FICO → Up to 75% LTV (Program 7)
- ✓500+ FICO → Up to 50% LTV (Program 7)
Property
- ✓1–4 unit residential
- ✓Rehab complete at appraisal
- ✓Min loan: $50,000
- ✓Max loan: $5,000,000
- ✓46 states (excl. ND, SD, UT, MT)
- ✓LLC closing standard
What You Don't Need
- ✓No seasoning period
- ✓No lease or tenant
- ✓No W-2s or tax returns
- ✓No income verification
- ✓No employment check
- ✓No min DSCR (0.75+ expanded)
BRRRR ARV Refinance: Common Questions
Refi Based on ARV. Not Purchase Price.
Submit your deal. Zero seasoning. 28-day close.