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Updated over 2 years ago on . Most recent reply

User Stats

30
Posts
13
Votes
Alexei Semenov
  • New to Real Estate
  • Miami, FL
13
Votes |
30
Posts

refinancing student housing

Alexei Semenov
  • New to Real Estate
  • Miami, FL
Posted

hi BP!

i have a chance to invest in student housing but when i talked to my lander he said that they can't do refinancing on SH.....

can you really refinance that? if you do what are the terms?

thank you for your help

  • Alexei Semenov
  • Most Popular Reply

    User Stats

    476
    Posts
    710
    Votes
    Dave Poeppelmeier
    • Realtor
    • Maumee, OH
    710
    Votes |
    476
    Posts
    Dave Poeppelmeier
    • Realtor
    • Maumee, OH
    Replied

    Hi Alexi, I have loans on my student rentals both conventional and commercial, and nobody had a problem with students. Each lender writes their own rules as to what risks they're willing to take on. I would contact local lenders in Tallahassee to find out who will finance student housing in that area. 

    business profile image
    Keller Williams Citywide | Dave Poeppelmeier
    5.0 stars
    15 Reviews

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