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Updated almost 2 years ago,

Gina Shumway's profile image
Gina Shumway's profile image
Gina Shumway
  • Real Estate Agent
  • from Chattanooga, TN
  • Member since Jan 16, 2020
  • Posts 21
  • Votes 15
  • Experience 4 Yrs
  • Investments 4
Connect

User Stats

21
Posts
15
Votes
Gina Shumway's profile image
Gina Shumway's profile image
Gina Shumway
  • Real Estate Agent
  • from Chattanooga, TN
  • Member since Jan 16, 2020
  • Posts 21
  • Votes 15
  • Experience 4 Yrs
  • Investments 4
Connect
Gina Shumway
  • Real Estate Agent
  • Chattanooga, TN
15
Votes |
21
Posts
Classifieds

Cash out refinance on BRRRR

Gina Shumway
  • Real Estate Agent
  • Chattanooga, TN
Posted

I am set to close on a BRRRR property with a series LLC on 4/17/2023 (with cash). Our LLC funds all the Renovations in cash as well. This is our second BRRRR property. Renovations should be done in 4-6 weeks.

This property is in chattanooga TN.

I am searching for lenders on a cash out refinance. I'm really hoping for 80% LTV. Since it's an LLC I assume we can only get a DSCR loan. Our first loan did not have a seasoning period, which was wonderful. I would love that bonus again if possible. If you are a lender who could help me with this, please contact me.

Chattanooga, Tennessee
3 Votes
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