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The Refinance in BRRR
Under contract on my first BRRR, a triplex. Speaking with lenders I was surprised to learn that. Cash out refi would be 30% down and in some cases pts on top. Wanted to see what some of the terms folks were getting out there and if there were any recommendations for a lender to possibly work with. I've called all the local banks and they're all super tight on such loans given the pandemic