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Updated almost 5 years ago,
Strategies For Submitting Loan Packages in 2020? BRRRR Refi!
Hello BP Fam,
Looking on advise for my current refinance situation.
Heres what I have so far:
Standard Loan Docs ready (income, bank statements, taxes etc)
BP Calculator on current investment (BRRRR) completed and saved as a PDF
Dilemma: heavily leveraged with a HELOC and a 2nd Mortgage. The Refi would clear both of these loans. These loans funded the purchase and rehab.
Does anyone draft a bio and/or a business statement?
Goals?
I have 3-6 months in savings for my properties. How do I show that?
Any advise would be helpful.
Thanks in advance