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 5 years ago on . Most recent reply

User Stats

20
Posts
10
Votes
Kyle Zochert
  • Real Estate Investor
  • Austin, TX
10
Votes |
20
Posts

Looking to Refinance 10 Rentals Properties

Kyle Zochert
  • Real Estate Investor
  • Austin, TX
Posted

Hey Guys -

Looking at interest rates these days, I'm looking to refinance 10-14 of my rental properties from current rates of 4.25-5.25% to a lower rate. I own them either individually or jointly with family/friends. They are QNR, 30-year FRM, with LTV's ranging from 30%-75%. I've spoken with several lenders but each one ends up having a restriction (such as a 4-mortgage limit or substantially similar interest rates) which creates a problem for the refinances.

Is anyone else in the same boat, and what did you do?  I mean i can keep the same rates, but I'd rather save the $10-20k annually.

Thank you,

Kyle

Loading replies...