Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Commercial Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 4 years ago on . Most recent reply

User Stats

174
Posts
142
Votes
Jonathan Small
  • Investor
  • Suwanee, ga
142
Votes |
174
Posts

How To Refinance 10 SFH Commercial Portfolio Loan

Jonathan Small
  • Investor
  • Suwanee, ga
Posted

Hello BP community. I bought 10 single family homes last month. All houses have tenants. Total rent is $10,300 per month. The appraisals equal $1,080,000. 


My purchase price was $860,000. I put 20% down which was 170k. My remaining balance on the 80% loan is $690,000.  I have 760+ credit.

Current mortgage is 3.7% for 35 months amortized over 20 years.  

I am looking for names of mortgage companies that people have used to refinance this type of loan. I am looking to refinance into longer lower interest debt.

Thank you for your help and feedback.

  • Jonathan Small
  • Loading replies...