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Updated over 3 years ago on . Most recent reply

Timothy Boyd's profile image
Timothy Boyd's profile image
Timothy Boyd
  • Investor
  • from New Jersey
  • Member since Aug 8, 2019
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80
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Timothy Boyd's profile image
Timothy Boyd's profile image
Timothy Boyd
  • Investor
  • from New Jersey
  • Member since Aug 8, 2019
Connect
Timothy Boyd
  • Investor
  • New Jersey
71
Votes |
80
Posts
Cincinnati Real Estate Forum

Short/No Seasoning Period Cash Out Refinance Lender ?

Timothy Boyd
  • Investor
  • New Jersey
Posted

Hey BP folks! Wanted to know if anyone has a good contact for a cash-out-refinance lender who has a shorter than 6 month seasoning period in the Cincinnati area. We are working on our first BRRRR deal, and I am trying to get my ducks in a row for the exit. We bought in cash, and are hoping for at least 70% LTV. Would appreciate any suggestions! Thanks!

Cincinnati, Ohio
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Ashley Cross's profile image
Ashley Cross's profile image
Ashley Cross
  • Lender
  • from Columbus, OH
  • Member since Feb 29, 2020
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Ashley Cross's profile image
Ashley Cross's profile image
Ashley Cross
  • Lender
  • from Columbus, OH
  • Member since Feb 29, 2020
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Ashley Cross
  • Lender
  • Columbus, OH
214
Votes |
202
Posts
Ashley Cross
  • Lender
  • Columbus, OH
Replied

Hi Timothy! How much did you purchase the property for and what is the ARV? Within 6 months you can pull your acquisition costs.

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