Refinancing a BRRRR in Batob Rouge, Louisiana

[Matthew K Patton]

Hey everyone. I'm currently aggressively searing for my first brrrr deal and in the process of my leg work and due diligence I'm making sure I have refinancing options in place and sorted out so when I get there I'm ready to roll. In my search for trying to find a lender that will refi the property the standard offering at the 10+ community banks I've called appear to be practically the same: 6 month seasoning, 70-80% ARV, 15-20 am with a 5 year balloon. No one can offer me a 30 year fixed and at my ideal seasoning in timeframe of 3 months ( and I haven't even gotten to the other part about the property planning to be bought in an LLC and not my personal name). Is this typical of the area of am i just not asking the right questions?

I am completely new to rei so advice, referrals, or anything else you can do to help me sort through this part of the process.

Also, for any local Louisiana people I’m always interested in getting to know others that are currently investing or are in the same shoes as me.

Thanks in advance,

Matthew