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Updated over 6 years ago, 05/20/2018

User Stats

43
Posts
4
Votes
Chris Davis
Pro Member
  • Investor
  • Springfield, OH
4
Votes |
43
Posts

Success using the BRRR model now trying to take the next step

Chris Davis
Pro Member
  • Investor
  • Springfield, OH
Posted

I currently acquired 10 properties in 2017 by establishing title under my LLC using the BRRR business model with success. However, I have reached my lending max. with my local banker who was lending me 80 LTV on mult houses combined in the refi process. I reached out to another local bank and was told my entity was a risk factor because of 10 properties acquired so quickly and the cash out refinanced option used in less than year. I am seeking guidance on how I can continue until 2018 with the same business model? My goal is to continue using the the commercial refinance cash out option to pull equity and grow my business. Appreciate the input!

  • Chris Davis
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