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All Forum Posts by: Kerry Krienitz

Kerry Krienitz has started 2 posts and replied 3 times.

Private Lending & Conventional Mortgage Advice

Post: Refinancing out of hard money options w/o W2

Kerry KrienitzPosted
  • Posts 3
  • Votes 1

@jonpuente thanks for the response! Can you clarify whether dscr loans always require seasoning or do some base their decision on potential market rents ?  Or is that simply lender dependent? 

0 Votes
BRRRR - Buy, Rehab, Rent, Refinance, Repeat

Post: BRRRR with HM and refinancing options without a W2

Kerry KrienitzPosted
  • Posts 3
  • Votes 1

I was hoping someone can help me understand the process of BRRRing using a hard money lender for acquisition and then refinancing after renovation and renting. If I do not have a W2, am I still able to refinance into a longer term mortgage after I season the property? Or am I still not qualified w/o a W2? I've read through the forums but read conflicting comments 😬 help would be greatly appreciated!

0 Votes
Private Lending & Conventional Mortgage Advice

Post: Refinancing out of hard money options w/o W2

Kerry KrienitzPosted
  • Posts 3
  • Votes 1

I was hoping someone can help me understand the process of BRRRing using a hard money lender for acquisition and then refinancing after renovation and renting.  If I do not have a W2, am I still able to refinance into a longer term mortgage after I season the property?  Or am I still not qualified w/o a W2?  I've read through the forums but read conflicting comments 😬 help would be greatly appreciated! 

1 Vote