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Updated almost 8 years ago on . Most recent reply

User Stats

43
Posts
5
Votes
Adam Stroik
  • Investor
  • Imperial Beach, CA
5
Votes |
43
Posts

Investor payback if unable to refinance

Adam Stroik
  • Investor
  • Imperial Beach, CA
Posted

greetings!  

I'm curious as to what strategies you all have used to payback private money investors of a hold property if you were unable to refinance the property before the loan came due.

Thanks all

Most Popular Reply

User Stats

33
Posts
9
Votes
Dustin Figenscher
  • Rental Property Investor
  • Rochester, NY
9
Votes |
33
Posts
Dustin Figenscher
  • Rental Property Investor
  • Rochester, NY
Replied

Adam Stroik , the best exit strategy would be to show the deal to a prospective bank and have then give you a pre approval based on your ARV and what you'd want to take out. Then you can show your lender, which makes your exit look that much stronger.

  • Dustin Figenscher
  • Loading replies...