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Updated over 1 year ago on . Most recent reply
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Portfolio refinance - properties under $100k
Hello BP Community,
I have 5 properties financed with hard money that are worth between $65k and $95k in Cleveland Ohio. I bought most of them in July and one in April, so they are all at least 3 months seasoned.
3 of them I believe I have enough equity to do a cashout refi, the other 2 would probably only be suitable for a rate and term. The biggest obstacle appears to be the low valuation.
Is anyone interested in helping me refinance these? They all cashflow well.
Thanks! My email is [email protected]
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Quote from @Harrison Goldblatt:
Hello BP Community,
I have 5 properties financed with hard money that are worth between $65k and $95k in Cleveland Ohio. I bought most of them in July and one in April, so they are all at least 3 months seasoned.
3 of them I believe I have enough equity to do a cashout refi, the other 2 would probably only be suitable for a rate and term. The biggest obstacle appears to be the low valuation.
Is anyone interested in helping me refinance these? They all cashflow well.
Thanks! My email is [email protected]
I'm at BP con and from columbus, there are like 50 lenders at the forum that specialize in these types of loans I have a whole list if you want to reach out I can give you some names to talk to. a lot of them do portfolio loans too
- Robert Ellis