Brrrr transition from hard money to conventional
Hello everyone on BP I've been walking with some people and interested in possibly doing the brrrr strategy my only concern being full time flipper how I go from hard money loan part to the conventional loan part if I don't have a proof of income. Also have been flipping for about year and talking with mortgage person if self employed you need 2 years of bank statements so would I just have to wait little longer or is there way around that. Will be getting business name and license pretty soon here as s corp.
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You would need to refinance into commercial loans until you're able to qualify for conventional.