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Updated almost 5 years ago on . Most recent reply
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looking for lender to help with first BRRRR
Hey BP,
here's my situation. I became a full time investor back in September. My partner and I have completed 3 flips and have rehabbed 2 other properties that we were hoping to BRRRR. The problem is we have been turned down by many banks because we haven't been in business a full year and my partners credit is not great.
Who has a good lender that is willing to work with new investors? I would love to build a relationship with a lender to use over and over again. Are there any entrepreneur/real estate friendly refinance lenders out there or am I stuck being a flipper until our credit improves and we have been in business longer?
thanks!
(p.s. before this is suggested, i am too prideful to ask a family member to lend their credit)
- Kevin Hart