BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Portfolio Lenders in New England
Good Day my New England Friends! I am based in Massachusetts. I have a vacation rental property in Cape Cod and I have the itch to grow. My strategy is to build my portfolio by following the BRRR method for vacation rentals in Cape Cod, and Multifamily long term rentals in Southern Massachusetts. For the next few properties, I plan to use a mixture of equity in my current home and a hard money lender to acquire the properties and perform the rehab. At the end of the renovation, I'll be looking to do a cash-out refi with a portfolio lender that will do LTV, not LTC.
Does anyone have any lenders that they've used in Massachusetts that they would be comfortable connecting me with?
Thank you all! Be well, stay safe, and keep crushing it!
-Dave