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All Forum Posts by: Justin Lee

Justin Lee has started 19 posts and replied 95 times.

Post: How can i Cash out refi rental property ?(GA)

Justin LeePosted
  • Realtor
  • Atlanta, GA
  • Posts 103
  • Votes 28

@Ola Dantis I have received a few here, but just trying to compare apples to apples to come up with a decision. 

Post: How can i Cash out refi rental property ?(GA)

Justin LeePosted
  • Realtor
  • Atlanta, GA
  • Posts 103
  • Votes 28

Thank you all for your assistance. I look forward to speaking with you all!

Post: How can i Cash out refi rental property ?(GA)

Justin LeePosted
  • Realtor
  • Atlanta, GA
  • Posts 103
  • Votes 28

@john krause 

@John Krause sure when are you free to chat ?

Post: How can i Cash out refi rental property ?(GA)

Justin LeePosted
  • Realtor
  • Atlanta, GA
  • Posts 103
  • Votes 28

I purchased a home in august and renovated it and have a loan balance of $110k. It appraised at $175k. I would like to cash out refi into a rental loan or traditional loan? Do you all know of any options? Preferably ones with an ability to close quickly, and not going to affect my personal DTI ratio ?

Post: Refi out of private money loan

Justin LeePosted
  • Realtor
  • Atlanta, GA
  • Posts 103
  • Votes 28

@Jaron thanks that definitely made me think twice about what I'll do! The area is upcoming and the appreciation will be plentiful over the next 3 years.

@Jerry Padilla I acquired it using a private money loan and would like to get cashback. I have only had the property since last month, so I would likely qualify for the 75% not 85% right?

Post: Refi out of private money loan

Justin LeePosted
  • Realtor
  • Atlanta, GA
  • Posts 103
  • Votes 28

I am currently wrapping up my fix and flip and wanted to look at refi options in Atlanta , GA. What’s the best way to go about it. Also what’s the benefit of refi vs sale

@Anthony Gayden interesting. How do you ensure that they won’t foreclose or lapse on payments while you’re financing?

What are some options to invest in rental / investment properties without 10% down? #atlanta

Post: How do I open a Heloc on investment property in Louisiana?

Justin LeePosted
  • Realtor
  • Atlanta, GA
  • Posts 103
  • Votes 28

Update :

Regions bank approved me without hassle and we are set to close in 22 days. They also offered a 0.99% rate for all draws within the first 6 months.