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Updated about 6 years ago,
BRRRR refinancing w/o seasoning
We are in the greater Philadelphia area. Closed on first two BRRRR deals- looking for lender , any recommendations of someone who can do lower loan amounts without seasoning.
Bought two properties cash in October 2018. $41,000 and $52,500- fixed them up and put tenants in. Tenants in both houses are paying $1200/mo and signed two year contracts. Just had houses appraised and they came in at $80,000 and $75,000. Id love to find a lender that would do a loan for us ( these are in an LLC) immediately not requiring seasoning and can use the new appraised values. Found one lender that can do it at 6 months but was hoping sooner.
Who can you recommend that you know can get this done?