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129
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17
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Nick Bednarczyk
Lender
  • Lender
17
Votes |
129
Posts

BRRR borrowing at its Best!

Nick Bednarczyk
Lender
  • Lender
Posted Jul 19 2024, 08:01

For BRRRR investors, seasoning requirements can significantly impact your ability to quickly recycle your capital.

While most lenders require you to hold the loan for at least 6 months (aka "seasoning"), Edge Home Loans offers cash-out refinancing as soon as the rehab is completed!

Here's why Edge is the preferred BRRRR lender for investors looking to put their money back to work quickly and scale their business:

BUY - We offers short-term bridge financing to help you with investment property acquisition.

REHAB - With up to 100% rehab financing, you can stay liquid through renovations.

RENT - While many lenders require a renter to be in place, we use a 1007 appraisal for vacant properties and can refi the property into a DSCR loan whether or not you have a tenant.

REFINANCE - With our no seasoning requirements you can refi and pull cash out once rehab is complete, rather than waiting the typical 6-12 months that most lenders require.

REPEAT - Use those cash-out funds to put your money back to work and scale your business.

Partner with a lender who understands the needs of BRRRR investors! Our loan products are here to help you through each stage - shoot me a message or give me a call to get started.

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