They sit on their *** for 2 months, not a single bite. 

I did get my GC license which in Oregon is all law so it was simple test for me. so now here we sit 500 or so spec / pre solds later and well its been a wild ride..

For single family residential I think it is a red flag, usually price if they are sitting.

But something didn’t sit right.

A purchase you made in 2020 or 2022 would not really be thought of as a BRRRR because I'm guessing those units have been rented since then and were not just sitting vacant with you paying on those mortgages.

You are correct, local banks would go in and sit with them and go through rates and financing and understanding the payment.

Maybe sit down with a good cup of coffee when you can really focus on it.Good Luck!

Something about acting on unconfirmed information really doesn't sit well with me.

@Preston Dean I personally like to make sure I have a set amount of reserves for each property to cover things, so if you have a pool of funds sitting aside personally I would just earmark a certain amount that you don't touch except for that property (or an emergency).

I’d recommend setting an appointment with a local lender, sitting down and going over the loan, and your options with him/her.