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Rehabbing & House Flipping
HomeForumsRehabbing & House FlippingUnderwriting Every Three Months...
Brandon Sturgill's profile image
Brandon Sturgill's profile image
Brandon Sturgill
  • Real Estate Broker
  • from Columbus, OH
  • Member since Apr 30, 2013
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Brandon Sturgill's profile image
Brandon Sturgill's profile image
Brandon Sturgill
  • Real Estate Broker
  • from Columbus, OH
  • Member since Apr 30, 2013
Connect
Brandon Sturgill
  • Real Estate Broker
  • Columbus, OH
1,767
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Rehabbing & House Flipping

Underwriting Every Three Months...

Brandon Sturgill
  • Real Estate Broker
  • Columbus, OH
Posted Jun 13 2014, 05:36

I am currently using a portfolio lender (Union Savings Bank) to blanket investment properties for rehab and resale. I have decent W2 income and am beginning my transition toward full-time investing. My current strategy is a "rinse and repeat" rehab and resale of 4 SFH properties this year. My concern is the potential impact to my credit (and the general pain) to go through underwriting every time I sell a property and acquire a "new" loan...has anyone been in this position before? Any guidance or advice?

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