All Forum Posts by: Brent Kubitschek

Hi all,

I'm approaching refi window for several investments in my portfolio. I've been accelerating the paydown schedules and a cash-out refi on the equity buildup for each should be doable. My question is about the next step: I can obviously use the refi cash proceeds as downpayment for new investments, but if I'm looking to snowball my current portfolio's cash flow, what's the best way to go? I'm trying to figure out an apples-to-apples way to compare my options.

• payoff and retire loans(s) with the smallest balance? Then apply that cashflow toward another loan paydown?
• payoff loan with highest balance & use property for HELOC?
• Compare loan balance to appraisal value, and payoff loan w/ greatest difference?
• focus on loans w/ highest interest rate?
• focus on loans w/ longest amortization basis?

Any other ideas, or some ratio of interest%--loan-bal--amortization that would be applicable here?

The Company has already confirmed they intend to completely divest in the next 12mo. If the ARM offers more competitive terms, I'm thinking I might go with that and refi when the unit becomes warrantable.

Hi all,

I'm looking at a condo that has 6-of-12 units owned by the original company so it's over the 10% theshold, thus non-warrantable, and FRE/FNM won't handle it. I've spoken to a few credit unions and local banks and received terms closer to 20% down and 5+% interest.

Has anyone faced this issue around CLT and been able to locate a funding source for non-warrantable that approaches normal homebuyer lending terms? (30yr fixed, competitive int% and %down, etc)

Hi Troy, Monday sounds great! I'll definitely be there. Looking forward to meeting you and the other Charlotte members.

Hi all,

New to the site, been investing in SFR around Charlotte for several years now and growing the portfolio. I'm looking to keep doing what I know, meet new people who do it as well, and start growing into larger multi-unit deals.