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Updated over 4 years ago on .

User Stats

94
Posts
28
Votes
Matthew Metros
  • Investor
  • New York, NY
28
Votes |
94
Posts

Delayed Financing Products & Terms for Multifamily

Matthew Metros
  • Investor
  • New York, NY
Posted

We will be utilizing the BRRRR strategy of Buy Rehab Rent Refinance Repeat to grow the multifamily portfolio. I am trying to understand the terms and financial products I should be looking for directionally when in conversations with lenders when it comes to delayed financing products.


My definition of delayed financing products:
 

Financial products that allow the borrower to first close on the property with cash, renovate the property to add value, and refinance once the property increased in value.

Overall, I am trying to understand what products I should be looking for and the terms that would be most advantageous and critical for me to evaluate. I hope this makes sense!