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Updated about 8 years ago on . Most recent reply

User Stats

120
Posts
98
Votes
Rashad K.
  • Flipper/Rehabber
  • Saint Paul, MN
98
Votes |
120
Posts

Local banks St. paul Minnesota

Rashad K.
  • Flipper/Rehabber
  • Saint Paul, MN
Posted

Any recommendations for smaller local banks or credit unions that do cash out refinances for investment properties without a seasoning period?

Most Popular Reply

User Stats

26
Posts
20
Votes
Melanie Raine
  • Lender
  • Sioux Falls, SD
20
Votes |
26
Posts
Melanie Raine
  • Lender
  • Sioux Falls, SD
Replied

You could check with Leader One. They're pretty investor friendly. I know they work with Pine Financial, who does hard money lending for the rehab itself. Then Leader One will refi after the rehab. Not sure about the seasoning period, though. I've seen Kim Burke from Leader One present at many investor meetings and she's great. Really knows her stuff.

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