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Updated over 5 years ago,

User Stats

3
Posts
2
Votes
Nathan Aune
Pro Member
  • Investor
  • Tacoma, WA
2
Votes |
3
Posts

BRRRR Refi Banking Presentation: What Numbers & Info?

Nathan Aune
Pro Member
  • Investor
  • Tacoma, WA
Posted

I'm meeting with 5 local banks next week to pursue a cash-out refi on our first local BRRRR. I'm putting together a little packet on our current portfolio (4 out-of-state turnkey SFR and now this 1 local BRRRR), current financial standing, etc., like what's been mentioned several times on the BP podcast. For SFRs, what numbers do banks care about or want to see? (i.e. acquisition cost, current value, rental income, expenses, ROI, CoC)? And then from what time period would they want those numbers for? Since I bought the house, current year-to-date, or last complete calendar year?

Any help is greatly appreciated. Thanks!

  • Nathan Aune
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