Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Classifieds
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 2 years ago on . Most recent reply

User Stats

18
Posts
2
Votes
Casey Dimascio
2
Votes |
18
Posts

Lenders in Boston

Casey Dimascio
Posted

Does anyone have recommendations for lenders in Boston, Massachusetts? Ie small banks or hard money that can do a 30 year refinance into an LLC?

Also interested in banks that will do construction loans to avoid hard money fees (ie loan before it's fixed up and allow a construction draw)..I have tried one any they said my DTI is not strong enough to purchase before it's fixed up, but they can help me out after.

I am going to search and search and search more banks but I figured I would post here to see if I could get any recommendations!


Done a ton of flips and rentals but new to the LLC lending space. Thanks in advance!

Most Popular Reply

User Stats

58
Posts
62
Votes
Replied

@Casey Dimascio

I imagine I can walk you through some scenarios for commercial construction loans from local banks. Commercial loans can offer both acq/refi with construction loan. Rates are between 6 and 7.5 for most banks for this type of construction to perm loan.

I am in the Boston area - happy to jump on a call and depending on where you are - meet for a drink (coffee/beer).

Cheers

Colin

Loading replies...