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Updated about 3 years ago on . Most recent reply

Richard Cedars's profile image
Richard Cedars's profile image
Richard Cedars
  • Rental Property Investor
  • from Pitt Meadows, BC
  • Member since Sep 2, 2019
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Richard Cedars's profile image
Richard Cedars's profile image
Richard Cedars
  • Rental Property Investor
  • from Pitt Meadows, BC
  • Member since Sep 2, 2019
Connect
Richard Cedars
  • Rental Property Investor
  • Pitt Meadows, BC
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Creative Real Estate Financing

How to navigate commercial seasoning period

Richard Cedars
  • Rental Property Investor
  • Pitt Meadows, BC
Posted

Hello everybody!

I was talking to a mortgage specialist about my plans to start buying multi-family assets on the commercial loan side and he reminded me of a typical 3 year seasoning period before I can refinance. (I live in Canada if that matters)

I have successfully completed BRRR deals on two 4-Unit apartments but it was on the residential lending side.

Any suggestions on how I could structure my plan to do a BRRR while navigating seasoning periods? I have yet to tread these waters- any feedback helps!

Thanks in advance,

Rich

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