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Updated over 5 years ago on . Most recent reply

User Stats

8
Posts
0
Votes
Revis Boyd Isbell III
  • Rental Property Investor
  • Gadsden, AL
0
Votes |
8
Posts

Looking for Refinancing Help

Revis Boyd Isbell III
  • Rental Property Investor
  • Gadsden, AL
Posted

My partners and I purchased a foreclosed property a few months ago. This is our first purchase. We rehabbed the property and now have a good tenant making good cash flow.

The problem is we are trying to use the BRRRR method and were turned down for a refi. We do not have bad credit but it isn't the best. Our scores hover in the low to mid 600's. What other avenues are there for use to try. We want to get another property this year so we can scale next year.

Thanks

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