Updated about 5 years ago on . Most recent reply
Thoughts on https://www.brrrlending.com
Has anyone here done a purchase or refi with https://www.brrrlending.com? your experience with them?
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@Ayaoba Olori, they're probably legit. We're seeing similar rates across the board for these low-doc mortgages. They're based on the DSCR of the property instead of the borrower's DTI ratio, so instead of getting your tax returns and W-2s, they'll look at the property's leases and tax records. They still require 20-25% for the down payment so it's not like you can easily use the BRRR method to buy a property and get all of your capital out.