Skip to content
×
PRO
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
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Columbus Real Estate 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 about 4 years ago, 12/11/2020

User Stats

40
Posts
29
Votes
Robert Calabro
  • Rental Property Investor
  • Columbus, OH
29
Votes |
40
Posts

Lender Questions - refi and hard money

Robert Calabro
  • Rental Property Investor
  • Columbus, OH
Posted

1. Are there any lenders that can do a cash-out refi on a brrrr investment property that has less then 6 mo seasoning? 

2. I've recently been given an estimate on a hard money loan. The lender is asking for $2,300 (lender fee) + $600 (appraisal) + 2% of the loan up at an estimated 9-11% interest rate. Do these numbers seem typical? I believe the rate is fine, and the 2% fee, but I'm more skeptical about the $2,300 fee. Thanks,
 

Loading replies...