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All Forum Posts by: Alex Lane

Alex Lane has started 6 posts and replied 13 times.

Post: Twin cities portfolio lenders

Alex LanePosted
  • Saint Paul, MN
  • Posts 13
  • Votes 0

Looking for portfolio lenders in the twin cities Minnesota area, any recommendations?? Thanks bp ! 

Post: 100k for rentals

Alex LanePosted
  • Saint Paul, MN
  • Posts 13
  • Votes 0

@Sam LLoyd thank you! You have actually made my night, probably would have been up until 3am trying to find the answer lol

Post: 100k for rentals

Alex LanePosted
  • Saint Paul, MN
  • Posts 13
  • Votes 0

hello bp! 

Im currently brain storming the best ways to leverage 100k towards rental properties.. If I used that cash towards down payments for multiple properties would I need to buy homes under market value in order to refinance to get my 20% DP back? I know buying under market value is always the goal but there are turn key retail priced homes in my area that are still cash flowing. If I took out a conventional loan and put 20k down on a property with an equal purchase and appraisal price can I refinance shortly to get my 20k back?