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Updated almost 7 years ago,

User Stats

217
Posts
60
Votes
Stephen Kunen
  • Rental Property Investor
  • Bedminster, NJ
60
Votes |
217
Posts

Suggestions for BRRRR

Stephen Kunen
  • Rental Property Investor
  • Bedminster, NJ
Posted
Hi all, we have closed on a 4 unit in January this year in Allentown PA. So far we have done some cosmetic repairs, and are hoping to renovate the unit in the worst shape once the tenants move out this month or next month. We plan to cash out refinance it sometime this year. Because we bought the property off market so it was slightly under market price, and after the repairs we should be able to increase the rents. Wondering if anybody has suggestions on how to force appreciation in any other ways for us to do a full BRRRR. More specifically, calling out Lehigh Valley (Easton, Bethlehem and Allentown) investors for recommendations for lenders that are good with choices for cash out refinance with little / no seasoning period requirements.

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