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Updated almost 5 years ago on . Most recent reply
Charlotte Area Investing - funding, interest rates
Hi Everyone,
Can you please recommend any investor friendly banks or lenders in the Charlotte area?
Also, if you could, their typical interest rates/closing costs, and typical time to close?
We are working with few options, but it is difficult to get positive cash-flow because of the financing costs..Now that the mortgage rates are down, would like to see whether any better options are available (We are trying to close the deals with cash, by refinancing the existing rentals.)
Thanks for your time in advance!
Most Popular Reply
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@Geetha R. I love working with Brandon Colberg at Mortgage Right. I've used him for rental purchases, cash out refis, and second homes. He's on point, familiar with working with investors,and doesn't charge a premium. There are few mortgage people who provide the knowledge, service, and available to answer questions anytime (literally he gets you that prequal on a weekend or runs your numbers after hours if needed to get a deal done).
Tell him I sent you!