I just closed on a 6 unit complex in TN. We are looking to execute the BRRR method with this property and have 6 months to refinance the property as we are on owner financing for that period of time. Im seeking either a private money lender or a company that will refinance the 6 units with a lower seasoning period. Any recommendations would be great. We are in the first month of the rehab so there is time but I wanted to get my search started now.
@Grant Moffett Call around to smaller local banks in your area ask fro the commercial lending department (as it's 6 units). Ideally banks that know the actual property and it's history would be best.
@Grant Moffett since this is a multi-family unit property this might be a better post in the multi-family forum. Maybe even try the Tennessee forum to see if some good locals can give some recommendations. Leave this post here too just in case but i think those might give you more specific responses. Hope this helps!