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Updated over 8 years ago on . Most recent reply

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4
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Brian Jameson
  • Investor
  • Agoura Hills, CA
0
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4
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strategy for refi of 8 single family homes

Brian Jameson
  • Investor
  • Agoura Hills, CA
Posted

I had the good fortune to buy several homes in texas and california between 2010-2013 .

I financed the deals with private money and figured I would hold for 5-7 years.

I have changed course and want to hold these properties for the long term.  The problem is that a  main investors wants to cash out and I need to find new financing.  Due to my business strategy,  I am in the red year over year and managing property is my only job.  My credit is good and I have solid equity/great renters in all of my properties.  Where am I going to find best rates on a refi?  Hard money, private money soft money?  What types of rates and terms?  How quickly can they get the deals done?  Thanks in advance.

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