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

User Stats

1,497
Posts
856
Votes
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

Loading replies...