Loan seasoning for a BRRRR

2 Replies

@Mark Rechkemmer that is very hard to do as any lender using conventional financing will have the same guidelines in place. The better question is can you find a deal so good that would even allow you to have 25-30% equity in under six months? It is not that easy to convince an appraiser in that you did anything substantial to a property in two or three months that would warrant that kind of jump unless you literally gut rehabbed the place. 

My experience with BRRRR is that it has taken a lot more than six months in most cases. In fact, with my current commercial deal in Cicero it will probably take closer to 9-10 months when it is all said and done.

Yes, but it's usually only after building a relationship with them. Six months is usually the minimum otherwise. But the time it takes to rehab and then rent out a property and then just get through the paperwork with a bank, it's usually somewhat close to six months anyways.

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