refi on investment property

[Londell Reedman]

hello BP

 over there years I accumulated three rental properties thru private money loans, im at the point where I want lower interest rates. ive never done business with a bank but my credit is fair, tax returns looks good and low debt to income ratio, also have reserves

is a refi a simple process? what to look for or be ready for ? is it hard to get denied with a high LTV

thanks you

[Londell Reedman]

Originally posted by @Matt Crusinberry:

@Londell Reedman, The refi process is fairly simple, especially if you have all your ducks in a row. As far as what to expect, I would suggest you contact several lenders and ask what they offer along with anything they would require to expedite the process. In regards to your LTV question, I would just reiterate that it would be in your best interest to contact several lenders and ask each of them individually. I hope this helps, and good luck!

    okay thanks I hope its easy, for the info