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Updated almost 7 years ago,
Loan Options for Investment Properties, Borrower owns 15
Hey Everybody, new to biggerpockets so I apologize in advance if this is a rookie post but hopefully someone can help the situation I've run into. Thanks
A borrower I refinanced 5 out of 15 investment properties for a couple months back wants to refi a different 5 now. He has 15 total financed properties currently which is the main reason he's not able to go conforming. With the previous 5 properties I found an investor program where rates were in the low 5% range based on his criteria. Does anyone out there know of a lender or program that allows his number of properties financed and interest rates for 30 year fixed are in the low 5% range?
Excellent credit, C/O 75% LTV, Investment property, SFR (2 of the 5 are 2-4 units), Full Doc, all properties located in northern CA.