Jack Townsend
One Brokerage BRRRR Loans
6 January 2025 | 7 replies
DSCR Loans - Both Purchase and Cash Out Loans- Investors typically use these on the cash out portion of the BRRRR Strategy - Minimum Downpayment, usually 20% but some lenders offer 15% down - Max LTV on Refinances, typically 75%, but some lenders will do 80% - Minimum Title seasoning (since the property was purchased and recorded on county records) is 90 days, although some lenders have no seasoning at all as long as you can show rehab work completed. - 30 year fixed terms - Usually have a Prepayment Penalty from 1-5 years, although you can price out a 0 PPP for a higher rate or fee- Minimum Credit score is 650 usually, although you could do a lower LTV loan at 620.
Mike Christiansen
Real Estate Investor
13 January 2025 | 4 replies
BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.
Jamie Parker
Multifamily Analysis out of state.
6 January 2025 | 8 replies
LIHTC eligible, opportunity zone, STR eligible, property management in the area….Pretty decent list. didn't know where to start so I figured I would ask the more seasoned of the bunch.
Kyle Smith
Looking to Connect with BRRR Investors Interested in Expanding Portfolios
9 January 2025 | 1 reply
I’m looking to connect with those of you who are actively using or interested in the BRRR (Buy, Rehab, Rent, Refinance, Repeat) strategy to scale your rental portfolios.Whether you’re new to BRRR or a seasoned investor, I’m here to discuss best practices, potential local opportunities, and ways we can collaborate to make your investments efficient and profitable.
Frank Pyle
Seeking Advice on Financing an Airbnb/Short-Term Rental
11 January 2025 | 13 replies
We also have shorter seasoning periods than most for cash out.
Brenden Stadelman
Is The Investers edge legit?
16 January 2025 | 16 replies
@Brenden Stadelman I would talk to seasoned investors that you trust and see who they have had success with.
Donyea Jenkins
DSCR Loan Question
22 January 2025 | 6 replies
Most DSCR loans will have very limited seasoning requirements to use the new appraised value to refi.
Michael Martin
Hello BiggerPockets! New PRO here
11 January 2025 | 2 replies
BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.
MIchael McCUe
running a blog on my website
19 January 2025 | 4 replies
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