Get Financing Help For Your BRRRR Strategy - No Seasoning Required!

BRRRR Strategy Financing Help Needed (No Seasoning)!

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Hey Beau,

I found a smoking deal on a single family home in North Carolina. I can purchase the property at about $200k. It needs $25k in work. The ARV is around $325k. I can get the work done in two weeks. Most of the DSCR lenders require 6 months of seasoning.

Are there any solutions to the seasoning requirements? I would be getting a fix and flip loan for the purchase and rehab.

Thanks, Beau!
Suzy

Susie has found a deal on a single-family home in North Carolina for $200k, requiring $25k in repairs, with an estimated ARV of $325k. However, most DSCR lenders require six months of seasoning, which is an issue for Susie's plan to purchase and rehab the property using a Fix and Flip loan. To solve this issue, Beau suggests a lender investor partner who offers Fix and Flip loans without seasoning requirements for both the purchase and rehab, as well as DSCR takeout.

Beau also mentions that some lenders have a 90-day seasoning rule, which provides more options if the project can be completed quickly. In the case where Susie needs a quick turnaround, Beau has a lender who can offer a Fix and Flip loan and a DSCR loan with no seasoning requirements. He can handle the financing in North Carolina and encourages those interested to reach out and schedule a call to discuss SBA financing options such as 7A and 504 loans, as well as other types of financing.

Timestamps:
(00:10) Question from Susie about a real estate deal in North Carolina
(00:39) Solution: private mortgage fund that does not have seasoning requirements for Fix and Flip loan with DSCR takeout
(00:54) Other options for lenders with the 90-day seasoning rule, can handle North Carolina
(01:17) Book a call at http://bookwithbeau.com/

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💥 Thanks for watching 💥
#BRRRR #BuyRehabRentRefinanceRepeat #singlefamily

About Beau: Beau Eckstein is a real estate entrepreneur, TV personality, and commercial mortgage advisor, specializing in construction financing and multi-family lending.

🎥 The video interviews we do on IFP will help you scale your real estate business and learn how to finance all your projects.

About the Channel: Want to structure your investments in the right and secure way?

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