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Updated about 6 years ago on . Most recent reply

Michael Elfant's profile image
Michael Elfant's profile image
Michael Elfant
  • Developer
  • from Hoboken, NJ
  • Member since May 19, 2016
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Michael Elfant's profile image
Michael Elfant's profile image
Michael Elfant
  • Developer
  • from Hoboken, NJ
  • Member since May 19, 2016
Connect
Michael Elfant
  • Developer
  • Hoboken, NJ
7
Votes |
96
Posts
New Jersey Real Estate Q&A Discussion Forum

Looking for a lender with minimal seasoning requirements in NJ

Michael Elfant
  • Developer
  • Hoboken, NJ
Posted

Hi All,

I am looking for a lender, preferably in northern NJ, that will refi me out as soon as my property is rented when implementing the BRRRR strategy. I know that most traditional lenders will want a full year of seasoning prior to doing a cash-out refi. That would not work. Can anyone recommend a contact?

Thank you in advance!

Mike

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Ronak Shah's profile image
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Ronak Shah
  • from Northern NJ
  • Member since Feb 25, 2018
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Ronak Shah's profile image
Ronak Shah's profile image
Ronak Shah
  • from Northern NJ
  • Member since Feb 25, 2018
Connect
Ronak Shah
  • Northern NJ
39
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128
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Ronak Shah
  • Northern NJ
Replied

I had heard about investor’s bank from a colleague sometime back! 

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