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All Forum Posts by: Jane Grimm

Jane Grimm has started 1 posts and replied 3 times.

Mortgage Brokers & Lenders

Post: newbie seeks cash-out lender in Akron area

Jane GrimmPosted
  • Posts 3
  • Votes 0
Quote from @Steven Foster Wilson:
Quote from @Jane Grimm:

Hello BP Community... newbie here! Getting into sec8 rentals in Akron area and have two houses (mortgage-free) that I'd like to start with. Already passed PHA inspections and have tenants in place...yay! Any lenders active in the area that offer cash-out refi's here? Any idea how much I would be able to borrow? I've heard 80%, which would give me enough to buy another one in this area. Appreciate any and all input!

I would give @Chris Wharton  a call. 


 @Steven Wilson - Just sent him a message. Thank you, Jane

0 Votes
Akron, Ohio
Mortgage Brokers & Lenders

Post: newbie seeks cash-out lender in Akron area

Jane GrimmPosted
  • Posts 3
  • Votes 0
Quote from @Jane Grimm:

Hello BP Community... newbie here! Getting into sec8 rentals in Akron area and have two houses (mortgage-free) that I'd like to start with. Already passed PHA inspections and have tenants in place...yay! Any lenders active in the area that offer cash-out refi's here? Any idea how much I would be able to borrow? I've heard 80%, which would give me enough to buy another one in this area. Appreciate any and all input!

 @Salvatore Lentini Thanks for the info. Combined value of properties is $210ish, $140/$70. 

0 Votes
Akron, Ohio
Mortgage Brokers & Lenders

Post: newbie seeks cash-out lender in Akron area

Jane GrimmPosted
  • Posts 3
  • Votes 0

Hello BP Community... newbie here! Getting into sec8 rentals in Akron area and have two houses (mortgage-free) that I'd like to start with. Already passed PHA inspections and have tenants in place...yay! Any lenders active in the area that offer cash-out refi's here? Any idea how much I would be able to borrow? I've heard 80%, which would give me enough to buy another one in this area. Appreciate any and all input!

0 Votes
Akron, Ohio