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All Forum Posts by: Jay Leisten

Jay Leisten has started 8 posts and replied 341 times.

Post: Hello, I'm new and from the Louisville area!

Jay LeistenPosted
  • Real Estate Broker
  • Louisville, KY
  • Posts 362
  • Votes 232
Welcome to the Louisville scene! We have a great group here between KREIA, the meetup at United Real Estate and the southern Indiana group. If you have any questions about areas of interest, market trends or anything else just ask.

Post: Looking for great reads on Negotiation

Jay LeistenPosted
  • Real Estate Broker
  • Louisville, KY
  • Posts 362
  • Votes 232
As much as it makes me shiver Trumps negotiation book is good.

Post: Who is everyone using for Cash Out Refi for rental properties???

Jay LeistenPosted
  • Real Estate Broker
  • Louisville, KY
  • Posts 362
  • Votes 232
Originally posted by @John Mathewson:

Ridge Lending is who most of my investors are using to refinance out with. 

 Thanks!

Post: Who is everyone using for Cash Out Refi for rental properties???

Jay LeistenPosted
  • Real Estate Broker
  • Louisville, KY
  • Posts 362
  • Votes 232
Originally posted by @Brett K.:

Wilson & Muir Bank is another one you can try Jay.  I'd love to see the property.  Got pictures?

 Getting There Brett! 

Off market deal via another agent who wholesaled the property and cleared title issues.

Post: Who is everyone using for Cash Out Refi for rental properties???

Jay LeistenPosted
  • Real Estate Broker
  • Louisville, KY
  • Posts 362
  • Votes 232
Stephanie Potter that's an interesting point. I'll have to talk to my accountant about that.

Post: Who is everyone using for Cash Out Refi for rental properties???

Jay LeistenPosted
  • Real Estate Broker
  • Louisville, KY
  • Posts 362
  • Votes 232

@Andrew Postell probably right at 6 months. Purchased Nov 1. so hoping to get money back out around Derby/ May.

Post: Who is everyone using for Cash Out Refi for rental properties???

Jay LeistenPosted
  • Real Estate Broker
  • Louisville, KY
  • Posts 362
  • Votes 232
Drew Perkins I know Jeanna there. She handles their construction loan side. Thanks for the reply.

Post: Who is everyone using for Cash Out Refi for rental properties???

Jay LeistenPosted
  • Real Estate Broker
  • Louisville, KY
  • Posts 362
  • Votes 232
I'll have 55k in it. 4bed? 2 bath 750ag sf 680bg sf with rents expected at 1k+/-

Post: Who is everyone using for Cash Out Refi for rental properties???

Jay LeistenPosted
  • Real Estate Broker
  • Louisville, KY
  • Posts 362
  • Votes 232
Drew Perkins Churchill downs area. 75-80% ltv purchase and rehab were all cash so I'm hoping to free up my seed money for a second deal.