Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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 on . Most recent reply

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...