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Updated over 6 years ago on . Most recent reply
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Seeking a Great BRRRR Lender in FL (Jacksonville)
BP Community!
I'm in contract on a SFR in Jacksonville. I'll have a 21-day close once final signatures are inked (we're hashing out inspection period at the moment).
I'm acquiring with cash and plan to refi out in 3-6 months and want to use the delayed finance option to do so. I'm looking for a BRRRR-savvy lender in Florida who can help me pull as much of my money back out as possible by front loading the HUD-1 Settlement. Ideally, this lender should be able to guide me thru the process of maximizing the legal additions to the HUD-1.
See @Alexander Felice article on implementing this strategy. He's written a BP article here.
I want to be proactive on this deal with my lender and make certain potential problems are eliminated or minimized. I'm eager to speak to knowledgeable, responsive professionals.
Cheers!