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All Forum Posts by: Patrick Roane

Patrick Roane has started 8 posts and replied 39 times.

Post: Looking to do a refi

Patrick Roane
Posted
  • Property Manager
  • Fox River Grove
  • Posts 39
  • Votes 9
Quote from @Elias Halvorson:

All lenders have fees, those that don't just roll those fees into the rate ie offer higher interest rates. I would contact a mortgage broker in your local area, a credit union, and maybe a mortgage bank. Get quotes from all three and go with the one who offers the best combo of rates and service. 

Cheers! 

Thanks! Good suggestion.

Post: Looking to do a refi

Patrick Roane
Posted
  • Property Manager
  • Fox River Grove
  • Posts 39
  • Votes 9
Quote from @Robin Simon:
Quote from @Patrick Roane:
Hello,
We (my father and I) need to get my name off the mortgage and put his name on it. Our current mortgage service is with SPS Select and they don't offer any refinance options. So we are forced to look elsewhere.

Can someone recommend a solid (low to no fee) refinance house that we can reach out to?

Thanks.
Pat

 Can you clarify a bit more on this - is this a owner-occupied or rental property?


 Define owner-occupied? 

Post: Looking to do a refi

Patrick Roane
Posted
  • Property Manager
  • Fox River Grove
  • Posts 39
  • Votes 9
Quote from @Matthew Crivelli:
Quote from @Patrick Roane:
Hello,
We (my father and I) need to get my name off the mortgage and put his name on it. Our current mortgage service is with SPS Select and they don't offer any refinance options. So we are forced to look elsewhere.

Can someone recommend a solid (low to no fee) refinance house that we can reach out to?

Thanks.
Pat
We are currently pricing DSCR rental loans in the mid 6% range and our loans are made to an LLC which would get the property out of your personal name. Would be happy to price out your scenario! 

We aren't looking for a loan per-say, just need to get my name out from underneath the mortgage itself. My understanding is that the only way to do this would be to refinance the existing mortgage correct?

Post: Looking to do a refi

Patrick Roane
Posted
  • Property Manager
  • Fox River Grove
  • Posts 39
  • Votes 9
Quote from @Robin Simon:
Quote from @Patrick Roane:
Hello,
We (my father and I) need to get my name off the mortgage and put his name on it. Our current mortgage service is with SPS Select and they don't offer any refinance options. So we are forced to look elsewhere.

Can someone recommend a solid (low to no fee) refinance house that we can reach out to?

Thanks.
Pat

 Can you clarify a bit more on this - is this a owner-occupied or rental property?

Why does it matter if it is owner-occupied or a rental?

Post: Looking to do a refi

Patrick Roane
Posted
  • Property Manager
  • Fox River Grove
  • Posts 39
  • Votes 9
Quote from @Derek Brickley:

Hey Patrick!  Not sure the full situation, so hard to say if we could possibly help.  Is this a primary residence or investment?  There are some incentives depending on the situation and property.


 Depending on the situation, what are those incentives? Just curious.

Post: Looking to do a refi

Patrick Roane
Posted
  • Property Manager
  • Fox River Grove
  • Posts 39
  • Votes 9

Why does that matter? Just curious. 

Post: Looking to do a refi

Patrick Roane
Posted
  • Property Manager
  • Fox River Grove
  • Posts 39
  • Votes 9

Hello,
We (my father and I) need to get my name off the mortgage and put his name on it. Our current mortgage service is with SPS Select and they don't offer any refinance options. So we are forced to look elsewhere.

Can someone recommend a solid (low to no fee) refinance house that we can reach out to?

Thanks.
Pat

Post: Seller Financing Contract

Patrick Roane
Posted
  • Property Manager
  • Fox River Grove
  • Posts 39
  • Votes 9
Quote from @Gary Neely:

Hi Everyone,

I am a real estate agent and a beginning investor on the west side of Cleveland, Ohio and I am looking for a solid seller financing contract.  I was wondering if someone could direct me to the best one as I am looking to do my first seller financing deal?  

Thanks, 

Gary Neely
 


Hi Gary,
How is this going? I'm looking to do the same thing.

Thanks.
Pat

Post: 2 New Pantry cabints!

Patrick Roane
Posted
  • Property Manager
  • Fox River Grove
  • Posts 39
  • Votes 9


Are you currently remodeling a kitchen in the bay area and in need of a couple of nice white pantry cabinets? You'll need a truck to pick them up.

I have (2) nice white pantry cabinets by Omega (still in the box) I can offer to anyone at a discount.

Post: This crazy housing market!

Patrick Roane
Posted
  • Property Manager
  • Fox River Grove
  • Posts 39
  • Votes 9

Joe,

Always, Be Closing. Classic stuff there.