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Updated over 6 years ago,

User Stats

377
Posts
56
Votes
Tony Nguyen
  • Investor
  • Tampa, FL
56
Votes |
377
Posts

How Was Your Refinance During The Crash?

Tony Nguyen
  • Investor
  • Tampa, FL
Posted

Hi everyone,

All the multifamily properties I’ve purchased in the past few years have either 5 or 10 year balloon dates on them. For the veterans who were investing in the market and had their loans come due around the 2009-2011 years, how did it go? Did you have a hard time refinancing your loan? What would you do now to prepare yourself for better chances of getting your refinance done should a similar crash happen again?

I'm doing my best to secure my portfolio for the years when financing is tougher and my balloon payments become due.

Thank you in advance!

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