Hi Beau, I am having a hard time trying to BRRRR my deals. Most lenders that I am talking with need at least 4-6 months to use new appraised value for cash-out refinances. I am a contractor and can do a cosmetic remodel in 2 weeks. Are there any lenders that will refinance (using new …
Beau, love your show! I have a deal in the contract that I will be fixing up to BRRRR. The lender I used on my last two deals is not lending right now. I am a little overwhelmed with trying to find competitive terms for the rehab loan. Rates and terms seem to be all …
Hey Beau, I really enjoy your podcast! I am looking to retire from my w2 job working in tech and either buy a franchise or find an existing business to purchase. Mostly looking in the home service space. My question is really a general question on what is easier to finance–a franchise or an existing …
Hi Beau, can I get a DSCR loan based on projected mid-term rental income? Thanks,Jesse
...Hey Beau, I’ve been investing in real estate for several years. I focus on acquiring properties that are close to hospitals. I place traveling nurses and medical staff in them. These are furnished rentals. We typically see 2x the normal long-term rents. I can’t finance these conventionally. DSCR loans sometimes don’t allow me to go …
Loan Product for Vacation Rental Financing that Doesn’t Qualify for a DSCR Loan I’m looking into buying some vacation rental properties. I already own a vacation home that I use that I financed using a conventional mortgage. This would strictly be for investment purposes. The problem I’m running into is the purchase price does not …