Looking to cash out your BRRRR? Struggling to find options?

[Alex Bekeza]

Let's get in touch now so I can get you a quote to consider the moment these non-conventional loan programs resume operations!

Visit www.brrrrstrategyfunding.com to learn more about what we do!

30 Year Rental Program - Get a Free Quote Here -----> Free Quote Request - 30 year program

Details:

• 30 year fixed
• Only 90 day title seasoning requirement
• Vesting in LLC OK
• Non Owner Occupied Properties Only
• No DTI Requirement, No Tax Returns
  
• Loans based on FICO, experience, and DSCR
• Cash Out Refi as high as 75% LTV
• Loan Amounts $100K - $2.5mm
• Minimum FICO 680

Available in over 30 states!

I'm hosting a webinar on this topic this Wednesday!  Here's a link to RSVP - 

https://us02web.zoom.us/webinar/register/8215888702902/WN_PlnT-ImQTCWOO0j0vxah6w

I'm happy to chat now and keep a thread going to answer questions but the mortgage industry is currently experiencing unprecedented restrictions in the wake of the pandemic. As states began placing the stay at home orders, stock prices plummeted, and unemployment skyrocketed, these non government backed loans were the first to be put on pause. They rely on being resold on the secondary market as investment vehicles and that market quickly dried up among the virus panic. However, as states/cities being to "reopen" their economies we are hopeful that many of these will resume. The best information I have tells me that the beginning of June could be a realistic time frame. It's hard to say how pricing will be affected but I would expect lenders to be a bit more conservative at least at first. We're still seeing some pretty insane constraints on the conventional world (government backed) as well. I'm not sure how much you've tracked but over the last few weeks we've seeing Jumbo loans practically disappear, FHA requirements tighten, many banks suspend cash out refinances, etc etc. In any event, I'm hopeful that we are on the path to begin healing the economy sooner than later.