Sabrina Morgan

Updated 37 minutes ago on 06/25/2026. Most recent reply 22 Posts 6 Votes Hello, I'm purchasing a pre-foreclosure with cash using a BRRRR strategy. The lenders I've found will only refinance up to 80% of my acquisition cost, but I'm looking for a lender that will lend based on the property's appraised value so I can recover more of my capital for future projects.

Hello, I'm purchasing a pre-foreclosure with cash using a BRRRR strategy. The lenders I've found will only refinance up to 80% of my acquisition cost, but I'm looking for a lender that will lend based on the property's appraised value so I can recover more of my capital for future projects. Does anyone have recommendations for lenders that offer appraisal-based cash-out refinances with little or no seasoning requirement for investment properties?

My friend is going through a divorce and their house is about to be foreclosed on. They aren't speaking and he's still in the house. She's asking me to buy the house to save their credit and is asking me to talk with her husband to see if he'll sell to me. However I don't have a down payment for a loan but I do have good credit. Also I'm not sure if I would buy and immediately sell or flip. Its a 2800 square foot house that needs some pool work and dry rot but most likely nothing over $20k.