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Updated over 4 years ago,

User Stats

2
Posts
1
Votes
Robert E Wilder
  • Rental Property Investor
  • Knoxville, TN
1
Votes |
2
Posts

Private lenders for refi during covid-19

Robert E Wilder
  • Rental Property Investor
  • Knoxville, TN
Posted

We are closing on our 2nd property in less than a week. Both of our previous private lenders are no longer offering refi due to covid-19 uncertainty. We are affraid that all of our capital will be held up in this property for a long time if we can't find a lender. Would prefer to have the house under an LLC which is not possible with Freddie/Fannie. Is this a common problem or is there actually private lenders that are still offering refis?

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