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Updated over 4 years ago,

User Stats

101
Posts
28
Votes
Matt Roberts
  • Investor
  • Philadelphia, PA
28
Votes |
101
Posts

Refinancing a duplex during pandemic

Matt Roberts
  • Investor
  • Philadelphia, PA
Posted

I just finished a rehab on a duplex that is in an LLC when the covid-19 crisis happened. The mortgage broker that I normally use is telling me that it's impossible to refi an investment property right now. Does anyone know of a bank that would do a 30 year mortgage or even a 5/1 ARM right now? I am willing to take the property out of the LLC and put it in my name.

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