All Forum Posts by: Stathis Karidakis

Can you recommend any bank ?

Hello everybody

I own 21 units (fully paid off) and I would like to refinance without a balloon.

Is there such a thing?

I would prefer to cash out 70% or more and have a mortgage for 30 years fixed but without a balloon 5 or 10 years... I live in sc

I would appreciate any help

Hello everyone!

Does anybody know of an inexpensive

rental property insurance company around Greenville sc area?

I own 2 rental properties and I’m looking for the least expensive policy.

Right now I have state Farm and I’m paying

$40 bucks for the one and $30 for the other.

Any suggestions???

Thanks in advance

@Joseph Holliway

Called today. They don't refinance properties under an LLC and they have minimum loan amount of $50000

@Amil D.

Thanks a lot!!! I just called today and so far so good!

Hello!

I’m a new, buy and hold investor.

Recently I purchased my first rental property , I rehabbed it, rented it out and now trying to find a bank or I lender that can cash out refinance the property so I can continue ... problem is that the property was a very good deal, bought for $26500 and put $6000 and having difficulty to find a lender because most of them lend minimum of $60000 but I don’t want much first and second I don’t know that the house is going to appraise for $60000 ( C class neighborhood) another thing is that most of them want to own the property for a year which is slowing me down....

Any advices are welcome.

The area I’m investing is near Greenville South Carolina