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Updated over 9 years ago on . Most recent reply

User Stats

5
Posts
1
Votes
Michael Dacey
  • Investor
  • Ft Mitchell, KY
1
Votes |
5
Posts

New member, BRRR strategy

Michael Dacey
  • Investor
  • Ft Mitchell, KY
Posted

Hi, I have closed on my first 3 single family buy and holds in past year. I am very interested in the BRRR method for all of my future purchases, but my local bank will not do cash out refi past mortgage 4, and also require 12 month seasoning regardless. I have contacted BR2 finance, who are offering 3 month seasoning and 6.5% 30 year fixed. Any other options/thoughts on lenders on the cash out refinance? Seek a commercial line of credit and commercial long term loan??

Great website!

Michael

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