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Updated over 4 years ago,
North Jersey Lenders for BRRRR
Hope everyone is doing well during this time of uncertainty. New to real estate investing but looking to get into BRRRR investing specifically. I am currently looking for lenders that can help support this goal. Ideally looking for lenders that have a low seasoning period and can offer a 70-75% ARV cash out refinance. I currently have one private investor along with myself that can help cover the cost of rehab or down payment for a property and right now we are trying to get our finances in order while we look at potential homes in the Northern, NJ area.
Also as a way to try and give back, I am geotechnical engineer (EIT not a PE yet) and work with design consultant in Newark, NJ. We specialize in subsurface investigations, foundation designs, seismic analysis, and support of excavation designs and work with a lot of developers in NYC as well as NJ. We provide a number of different services that can help benefit both commercial real estate investors and residential real estate investors. Specifically we can help with performing soil borings for new construction or anyone deciding to buy a plot of land and build a new home on top of it as well as offering engineering recommendations for settlement issues.