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Bill Goodland
  • Rental Property Investor
  • Allentown PA, United States
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530
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Rolling the dice to BRRRR?

Bill Goodland
  • Rental Property Investor
  • Allentown PA, United States
Posted Mar 21 2017, 09:17

I have heard that finding a lender to refinance your property after buying, rehabbing, and renting it out can be difficult and that this strategy really leaves you at the mercy of the bank. In everyones opinion, does trying to do as much volume as possible to BRRRR SFRs and small multis a viable strategy considering many banks won't let you get more than 4, or 10 loans depending on who you ask. I understand portfolio lenders exist and can be hard to find, but I'm curious if people who rather move to higher price point properties such as commercial buildings to prioritize value per loan, or try your best to bundle multiple properties on one or a handful of loans?

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