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Updated over 6 years ago on . Most recent reply

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40
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Douglas Rice
  • Rental Property Investor
  • Frisco, TX
17
Votes |
40
Posts

DFW refinance referrals for BRRR strategy

Douglas Rice
  • Rental Property Investor
  • Frisco, TX
Posted

Dallas Texas Buy and Hold investors. What local banks or referrals do you have for refinancing usIng the BRRR strategy.

Would love to hear about rates, 75% LTV, 80% LTV and what type of seasoning you are getting and where.

Any local bankers on here who want a free lunch to discuss please hit me up.

Thank you in advance.

Looking for

Most Popular Reply

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936
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Ryan Blake
  • Lender
  • Texas
711
Votes |
936
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Ryan Blake
  • Lender
  • Texas
Replied

@Douglas Rice Good. I am very happy to hear that about insurance. I just wanted to make sure you weren't going to get a property without insurance. That would be quite a gamble. 

We offer the same. If its not broke don't fix it. I would just stick with what you have already lined up. The only thing I know that we do that other's may not is:

- 100% financing for the purchase and 100% financing for the rehab (Loan to ARV of 75%)

- Have people like me (fellow active investor) as a resource to borrowers to answer any rehab questions, get lists of contracts who we have done work with, and be a general resource through the whole process from deal analysis, purchase, rehab, and final closing

  • Ryan Blake
  • [email protected]
  • 214.420.7324
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