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Updated almost 4 years ago,

User Stats

77
Posts
60
Votes
Joseph Gisler
  • Realtor
  • Wake County, NC
60
Votes |
77
Posts

Transitioning to 100% commision soon, how does this effect BRRRR?

Joseph Gisler
  • Realtor
  • Wake County, NC
Posted

My current position will be transitioning me from salary to 100% commission here shortly which I know will effect my access to bank loans but what about refinancing? Could I still BRRRR properties by using private financing to buy, and then refinance with a bank loan after renovations or will banks make me wait 2 years for that as well?