I know that varies but he just has selective empathy.

You can bypass the longer seasoning requirement with a debt service loan. 

Banks need for them to build recognized credit before doing an FHA type loan.

They close hundreds of loans a month and charge you for any hold up on their end.

I concur with @Joe Davis and do the same with my company, however I refer other loan types outside of Transactional Funding loans to others.

It’s a bonus if the bank offering the HELOC also handles BRRR loans — they’ll be more flexible and accommodating when it’s time to pay off the HELOC with a new loan!

The appraisal came in at $245K, but they are only loaning me 70% of the ARV.

Want to get a loan for $250k in AZ

They’re requesting what feels like an unreasonable amount of information, and the demands keep escalating.So far, they’ve asked for:A video tour of my home officeCredit checks on me and my partnerCopies of the deeds for every property we ownA copy of my partner’s home lease and utility billsBusiness phone billsA signed letter from the bank verifying our accountsBank statementsHonestly, it feels more like qualifying for a loan than trying to become a customer.

If you're a single mom with student loans, a car payment, and living paycheck-to-paycheck, then $20,000 would be devastating and a reserve is critical.