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Nevada Real Estate Q&A Discussion Forum
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Updated about 6 years ago on . Most recent reply

User Stats

1,497
Posts
856
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Chris Lopez
  • Real Estate Agent
  • Denver, CO
856
Votes |
1,497
Posts

Reno, NV Lender Recommendations

Chris Lopez
  • Real Estate Agent
  • Denver, CO
Posted

In 2011 I bought a condo (Fannie Mae foreclosure) in Northwest Reno, NV (Robb Drive off of I-80). I lived in it for a couple of years, then moved away and turned it into a rental. It's been a great appreciation ride the last few years! I'm currently sitting at an 18% LTV.

I'm debating between selling it and moving the money to where I live or doing a cash-out refinance / HELOC. The problem is that I have zero connections in Reno.

Does anyone have any recommendations for lenders that work with investment properties for pulling out equity?

I'm leaning towards keeping it because I'm very bullish on Reno's future. It's a great city with lots going for it.

Thanks in advance!

Most Popular Reply

User Stats

240
Posts
45
Votes
Tim Farrell
  • Real Estate Investor
  • Reno, NV
45
Votes |
240
Posts
Tim Farrell
  • Real Estate Investor
  • Reno, NV
Replied

Summit Funding  in Sparks. Ask for Lou

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