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Updated about 6 years ago,
Best strategy to re-finance BRRRR project
Dear all,
I have a property (condo) in NJ that I bought for cash back in January...I tried to follow best practices that I have learned over here in BP to buy, renovate, rent...So far it is working beautifully as advertised! Now it is time to re-finance.
I am looking for an advise how to properly approach this phase. I have been referred to a large financial institution mortgage brokers but I am afraid that they might give me issues getting approved and all..
So, before I commit to start the process, I want to ensure that I am dealing with investment-friendly brokers who would know the difference between approving someone for business investment as opposed to purchasing their primary residence.
Thanks
David