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Updated over 8 years ago on . Most recent reply

User Stats

63
Posts
4
Votes
Kiran Alisam
  • Investor
  • Erie, PA
4
Votes |
63
Posts

How to get refinancing for out of state Rental property

Kiran Alisam
  • Investor
  • Erie, PA
Posted

Hi

We( 3 partners) have an LLC and we own 3 properties in Cleveland, OH and we stay in PA. What are the ways i can get refinance on these properties at a better Rate

1. Checked with Local credit unions and banks in local Erie,PA. they have their own regulations on out of state properties

2. There are private lenders( limaone,Reatyshares) who can do but its around 7 to 8 percent interest Rate

Please help me on any banks that can do at better rates

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