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.
Private Lending & Conventional Mortgage Advice
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 10 years ago on . Most recent reply

User Stats

3
Posts
0
Votes
Nathaniel Abdul-Hameed
  • Real Estate Investor
  • Wichita, KS
0
Votes |
3
Posts

Financing after multiple properties.

Nathaniel Abdul-Hameed
  • Real Estate Investor
  • Wichita, KS
Posted

My spouse and I have been estranged for three years.  She wants to get rid of the properties (4); however, the lenders I speak with say I can't refinance for cash out (to buy her out) or get financing to purchase outright because my name is on four or more properties.  Anyone know a way around this?

Most Popular Reply

User Stats

658
Posts
315
Votes
Brant Richardson
  • Investor
  • Santa Barbara, CA
315
Votes |
658
Posts
Brant Richardson
  • Investor
  • Santa Barbara, CA
Replied

Lenders I have spoken with usually say you cant do a cash out once you have 5 or more properties.  Do you have more than 4?

Another option would be a portfolio loan or business loan which would allow you to refinance multiple properties into one loan, usually at 70% of the value.

Loading replies...