Mortgage Brokers & Lenders
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated about 3 years ago on . Most recent reply

Refinance three units
Hello BP, I am new to the form. I am looking to refinance 3 of my investment properties in GA. Any lender that can assist is aappreciated.
Thank you,
Most Popular Reply

Eric Atlanta is a great market. Are you refinancing single family homes? How long have you owned them. Many lenders have seasoning rules regarding refinancing even if your initial purchase was in cash. Rate are rising at the moment so the sooner you act the better your rate will be. All of the properties will have to have one year leases to be eligible for most programs. A debt service coverage of 1.2 or better will fetch a more reasonable rate. Hope that helps!