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Updated over 7 years ago,

User Stats

542
Posts
322
Votes
Ryan Deasy
Lender
Pro Member
  • Lender
  • Farmington, CT
322
Votes |
542
Posts

Need advice on who to refinance with for rental in New Britain CT

Ryan Deasy
Lender
Pro Member
  • Lender
  • Farmington, CT
Posted

Hello:

I purchased a rental in New Britain, Connecticut about two months ago. I have since been busy doing renovations to the property and getting it rented out. These processes are nearing completion now. I am currently paying a hard money lender 10%, as he is holding my note on the property. I am looking to do a cash out refinance, so that I can simultaneously lower my interest rate on the note and pull cash out.

Does anyone know any really good lenders in the area that I should speak with?

Thank you!

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