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Updated about 5 years ago on . Most recent reply

Lijuan Wei's profile image
Lijuan Wei's profile image
Lijuan Wei
  • from 35906
  • Member since Sep 3, 2019
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Lijuan Wei's profile image
Lijuan Wei's profile image
Lijuan Wei
  • from 35906
  • Member since Sep 3, 2019
Connect
Lijuan Wei
  • 35906
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12
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General Real Estate Investing

What kind of loan to get for refinance?

Lijuan Wei
  • 35906
Posted

When you use BRRRR, what kind of loan do you get? I have been asking different banks and loan offices. They all give me a high interest rate 4.75 or above for business loan after they heard me say it is a investment property. Seasoning time is different 6-12m. But the interest rate is too high to leave any cash flow. Would anyone tell me what do you tell them when you getting a loan for refinance? Thanks!

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