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Updated about 7 years ago on . Most recent reply

User Stats

14
Posts
2
Votes
Andrew Jacoby
  • Rental Property Investor
  • Nashville, TN
2
Votes |
14
Posts

How to find the best refinace deal?

Andrew Jacoby
  • Rental Property Investor
  • Nashville, TN
Posted

New Investor here...

I have been researching and educating myself a lot recently on the popular BRRR strategy which I plan on using for my second investment property. However, before I dive in I've been trying to line up all my resources before I purchase a single family house. I've got a realtor in place, contractor, and a private lender all lined up and interested in working together.

I now need to find a bank that will refinance the home after the 6-12 month seasoning period.  Any hints or strategies on the best way to find the right deal? What types of questions should I be asking?  Basically I want to avoid being stuck with a home 12 months down the road and want to have a couple solid leads on the refinance portion of the strategy before I buy.

I know that networking and calling around is going to be necessary but once I have them on the phone or in a meeting what should I be asking?  Thanks for all the help.

  • Andrew Jacoby
  • Loading replies...