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Updated over 6 years ago on . Most recent reply

Xavier Baum's profile image
Xavier Baum's profile image
Xavier Baum
  • Rental Property Investor
  • from Indianapolis, IN
  • Member since Jul 26, 2019

User Stats

4
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0
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Xavier Baum's profile image
Xavier Baum's profile image
Xavier Baum
  • Rental Property Investor
  • from Indianapolis, IN
  • Member since Jul 26, 2019
Xavier Baum
  • Rental Property Investor
  • Indianapolis, IN
0
Votes |
4
Posts
Starting Out

Hurdles When Refinancing (BRRRR)

Xavier Baum
  • Rental Property Investor
  • Indianapolis, IN
Posted

I have a quick question that I am sure this community holds the answer to.

Recently my business partner and I secured a large bit of funding. We want to start building a portfolio of multifamily residentials with this capital. We plan on using the BRRRR method. One problem that we have run into is the fact that banks do not want to lend money to newer LLCs. Given that we are just starting out, what options do we have? Is there any common loophole that I am overlooking?

Thank you!

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