All Forum Posts by: Greg Golden

Hey there, can anyone recommend a North Carolina lender that has offered good terms for cash out refinances? I am looking to refi a few of my properties that I paid cash for. Thanks!

Thanks John for sharing this info.  Very helpful!  This is precisely the game plan I have been contemplating. Can you share what the change in cash on cash return has been for your rental based on the new numbers?  Old return versus newly restructured?

And please also give me the lender info if you don’t mind. Do you know if they lend in NC?

Hi everyone, I am new to real estate investing but have over 30 years experience in the investment management industry.

My question centers on the merits of doing a cash out refinance on a rental property that I originally paid cash for. The purpose in refinancing would be to bump up my cash on cash return. Is there a seasoning of ownership and rental history that needs to happen before doing this?

I have enough liquidity to pay cash for rental properties but wanted to poll the group here to get your feedback on your experiences and any other angles I might be overlooking.

My cash on cash returns so far on cash purchases is in the 8-10% range but I would like to have a few properties in the portfolio that generate much higher returns.

Thanks in advance for your input. I am new to Bigger Pockets but am enjoying the forum and will be upgrading my membership soon!