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All Forum Posts by: Ankit Lodha

Ankit Lodha has started 2 posts and replied 3 times.

Private Lending & Conventional Mortgage Advice

Post: Cash-our Refinance - DSCR

Ankit LodhaPosted
  • Posts 3
  • Votes 1

Great - I have emailed the details 

0 Votes
Boston, Massachusetts
Private Lending & Conventional Mortgage Advice

Post: Cash-our Refinance - DSCR

Ankit LodhaPosted
  • Posts 3
  • Votes 1

I have a home under our names. I want to cash out refinance and close it under our LLC as DSCR mortgage. Its being operated at STR from last 30 months with great cash flow. Please reach out if you are a lender or can connect me.

5 Bed 2 Full Bath & 2 Half Bath

Existing Mortgage ~$550,000

Home Value ~$1.1+ Mil

1 Vote
Boston, Massachusetts
Philadelphia Real Estate Forum

Post: Local Mortgage Company Names - that will refinance under my LLC

Ankit LodhaPosted
  • Posts 3
  • Votes 1

Hi All-

I am looking to refinance my investment home in Philadelphia (I know in this market with high-interest rates), can you share a local mortgage company that will do it under my LLC?

Few background details 

1. Purchased the house under our LLC as seller finance with a ballon period that is ending soon

2. House has 42% equity and the remaining mortgage is for 58% of the current price.

3. Looking to swap the original mortgage from seller and put a traditional lender/bank in place  

Open for DSCR, or similar types of products. Thanks in advance for point in the right direction.

0 Votes
Philadelphia, Pennsylvania