Updated over 4 years ago on . Most recent reply
Seeking lenders - SFH in Memphis
My partner and I are out of state investors and are planning to buy our first SFH in Memphis, TN this fall in cash utilizing the BRRRR method. Our goal, unsurprisingly, is to get our cash back ASAP to reinvest into our next deal. We've spoken with a handful of lenders in the Memphis area and have had a difficult time finding a lender with no seasoning period, LTV 75%+ and terms of at least 20 years.
Can anyone recommend a lender that offers little to no seasoning period, 75% LTV (or higher) and at least 20+ year terms?
Am I searching for a purple unicorn?
Looking for