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Updated over 5 years ago,
BRRRR Long Term Financing (Georgia)
Hello BP Family,
I am looking for lender recommendations from people who have closed cash out refi on BRRRR properties.
Properties in Georgia
Commercial product for property(s) held in an LLC
75% or more LTV - CASH OUT
No Seasoning Requirements
Leased or not - depends lender requirements.
Loan can’t be called if current.
30 yr fixed amortization
Money only trades hands at closing.
Can package as a portfolio loan with like properties to be added as completed.
If anyone out there has CLOSED a loan for something similar please let me know. You know how it goes, the entire world is happy to take your application, but I want to close, not play games.
Any help is greatly appreciated.
Tony