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So I’m learning quick with the brrrr strategy that no one seems to talk openly about the 6 month waiting period on a brrrr before you do the cash out refi. If you buy with a mortgage, you have to be on the title for 6...
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I'm exploring the opportunity to invest in a small seasonal rental property in Massachusetts. The property has deeded beach rights and is a short walk from the ocean and a small community beach. The seasonal rentals...
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Hi BP folks,
Did anyone ever try to use HELOC or home equity loan to finance their buy and hold properties? I am thinking about pulling out equity from my primary residence, I am wondering if this is kind of too aggr...
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Hello Community team,When you do a BRRRR, I am finding out that there is a 6 months seasoning waiting period ( DSCR ) before you can cash out refinance, so we can evolve our funds to go to the next property to purcahs...
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Hi everyone,
Recently moved to Naples FL, and after one weekend enjoying the pool and the beach, we couldn't help it: we started to think about real estate. We would like to buy a single family or townhouse in Naples...
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Hi! Can anyone direct me to investor friendly Michigan lenders who offer cash-out-refinances? I'm looking for SFHs in Muskegon and Lansing and am an out-of-state investor. I'm hoping for 75%-80% LTV and no seasoning p...
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In these last months of the year we must strategically increase the reservations for our houses, and close the year with everything, How are your reservations numbers in these last seasons of the year?
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There is something that I don't seem to understand about the refinancing part of BRRRR.Whether you buy a property with cash or a hard money loan to fix up the property, DSCR and conventional loans require a seasoning ...
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Hey everyone! Running into a snag with financing we’d love some help with. My fiancé and I are Brrrring in Buffalo NY and realizing the 6 month seasoning period most banks have is far too long to have all our cash ti...
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While looking into options to minimize a down payment and generate funds for future investments I began looking into STR opportunities in my area that could be bought as a vacation property. Killington mtn. VT and ca...