Updated almost 2 years ago on . Most recent reply
Refinance question in BRRRR
Who is good with the BRRRR's?
We’ve noticed that local banks are starting to dry up and not offering our cash out refinance on our rentals. We’ve had a couple banks that we’ve done business with in the past tell us that they’re stopping the refinance until the first of next year.
I know our options are to either sell or to go shop around with other banks, so that’s what I’m doing next but I was just curious if other people are running into some of the same issues?