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Updated 12 months ago on . Most recent reply

User Stats

15
Posts
6
Votes
Jeffrey Zhang
6
Votes |
15
Posts

the lender doesn't allow second lien

Jeffrey Zhang
Posted

I'm refinancing a 8 unit apartment, I'm trying to add a HELCO after finishing refi. but all the lenders doesn't all second lien, is this normal?

Most Popular Reply

User Stats

807
Posts
393
Votes
Ko Kashiwagi
#5 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Lender
  • Los Angeles, CA
393
Votes |
807
Posts
Ko Kashiwagi
#5 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Lender
  • Los Angeles, CA
Replied

Hi Jeffrey,

I'm assuming you are doing a cash out refinance? Why don't you do the highest LTV cash out refinance and get some equity out?

  • Ko Kashiwagi
  • 310-848-9776
  • Loading replies...