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Updated almost 3 years ago,
How to navigate commercial seasoning period
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