All Forum Posts by: Account Closed

@Cody McCraw Thanks for responding to this post, Man when the guy told me 8.25% I got on BP ASAP t o speak to my BP family. It just didn't seem right.

@Mario Navarrete, I'm refinancing the property I just rehabbed a couple of months ago.

@Brett Clothier I really appreciated your post, I knew something wasn't right when he told me this is the going interest rate for the market when dealing with a LLC refinance. Thanks a lot and much success on your refinance properties.

@Matt M. Do you think it is because I am refinancing under my LLC? I have a excellent credit score as well.

ANYONE else please feel free to join this topic and give input...

I been working with a Mortgage broker who told me I had two options and I'm guessing within his capital partners. Get a ARM loan 7.1, 7.65 interest rate. I do not feel comfortable getting a ARM. He told me most investors get ARM loans when they use an LLC is this correct? The other option is getting a fixed loan but the interest rate for 30yrs is 8.25%. I think that is to high for today market, and it is also under my LLC. Can you guys let me know if you think he is trying to take advantage of my wife and me...

Do you mind sharing who you refinance with on this post or send me a message. I would truly appreciate the information.

@Justin B. are you refinancing under your LLC?

@Nick C., Do you think a bank will let me refinance my property which is currently under my LLC to my personal name? In order for me to get a lower interest rate.

Hey @Megan Greathouse, If you want to buy under your LLC you will have to use a Hardmoney Lender or look for a Mortgage broker, they can help you in your search.

Hey BP,

What are today interest rates for an investment property under a LLC?