October 4

Get Financing Help For Your BRRRR Strategy – No Seasoning Required!

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Are you eyeing a lucrative real estate deal in North Carolina but worried about the dreaded seasoning requirements? Suzy, in our recent conversation with finance expert Beau Eckstein, faced a similar dilemma. She discovered a fantastic single-family home deal, but the lending landscape seemed daunting. In this blog post, we'll break down Suzy's situation and the solutions Beau offered to help her pursue her real estate investment goals without the six-month seasoning rule.

Susie's Opportunity in North Carolina

Suzy had found a promising opportunity in North Carolina – a single-family home priced at $200,000. The catch? It needed $25,000 worth of repairs. However, with an estimated after-repair value (ARV) of $325,000, the potential for profit was undeniable.

The Challenge: Seasoning Requirements

One common hurdle for investors in Suzy's situation is the seasoning requirement. Most lenders, especially those providing Fix and Flip loans, demand a property to be owned for at least six months before refinancing or obtaining a loan against its new value. For Suzy, this could mean a significant delay in accessing her profits.

The Solution: No Seasoning Required Financing

Fortunately for Suzy and investors facing similar challenges, Beau Eckstein offered an appealing solution. He mentioned a private mortgage fund that partners with investors to provide Fix and Flip loans without the seasoning requirements. This means Suzy could move forward with her investment plans without waiting for six months.

Additional Options: 90-Day Seasoning Rule

While the no seasoning option is excellent, Beau also shared an alternative for those who might need a bit more time. Some lenders have a 90-day seasoning rule, which means you only need to own the property for three months before exploring financing options. This offers more flexibility compared to the six-month requirement, but it's still a waiting period to consider.

North Carolina-Friendly Financing

Beau's expertise extends to North Carolina, making it even easier for Suzy to explore her options. Whether you're interested in Fix and Flip loans, Cash out refinancing, or other financing solutions, his team can handle the North Carolina market.

Exploring SBA Financing

In addition to addressing Suzy's immediate concerns, Beau invites viewers to explore Small Business Administration (SBA) financing options. Whether you're starting a new business, purchasing an existing one, buying a franchise, constructing an office building, or expanding an existing business, SBA loans like the 7A and 504 could be beneficial.

Schedule a Consultation

If you're interested in any of the financing options mentioned or have questions about various types of financing, Beau encourages you to schedule a call. The link below can connect you directly to him, providing an opportunity to discuss your unique needs and explore tailored solutions.

Connect with Beau Eckstein

Lastly, for those seeking ongoing guidance and insights into the world of financing, Beau Eckstein invites you to subscribe to his channel. With over 20 years of experience in the lending industry, he's committed to answering your questions and providing valuable content.

In conclusion, Suzy's quest for financing help for her BRRRR (Buy, Rehab, Rent, Refinance, Repeat) strategy in North Carolina was met with solutions that bypassed the typical seasoning requirements. Whether you're considering a similar real estate venture or exploring SBA financing for your business, Beau Eckstein offers expertise, flexibility, and a commitment to helping you achieve your financial goals. Don't let seasoning requirements hold you back – reach out and explore your options today!


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