Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Kerry Boyle

Kerry Boyle has started 22 posts and replied 265 times.

Post: Cash Out Refinance, No Income

Kerry Boyle
Lender
Posted
  • Lender
  • Bethesda MD
  • Posts 283
  • Votes 123

We don't have any seasoning requirements and only do short term loans up to 24 months. Shoot me a PM or email and I'll see if there is a match.

Post: LLC and cash out refy

Kerry Boyle
Lender
Posted
  • Lender
  • Bethesda MD
  • Posts 283
  • Votes 123

Not all lenders require seasoning, are you trying to occupy the property though? We don't require seasoning for a cash out refi if it is an LLC.

Post: Cash out refinance solutions

Kerry Boyle
Lender
Posted
  • Lender
  • Bethesda MD
  • Posts 283
  • Votes 123

We don't require any seasoning for cash out refinance BUT we do require non-owner occupied properties only. Keep looking!

Post: Cash out

Kerry Boyle
Lender
Posted
  • Lender
  • Bethesda MD
  • Posts 283
  • Votes 123

Hello! Not all lenders require seasoning. 

75% cash-out means to get 150k out of a property, the value of the property would have to be 200k. You would also have to have the cash to pay for the closing costs or they could be financed in.

Is it possible to use commercial loans on residential 1-4 family property?

Yes, private or hard money lenders do this.

Post: DoHardMoney Hard Money Lenders

Kerry Boyle
Lender
Posted
  • Lender
  • Bethesda MD
  • Posts 283
  • Votes 123

They look fairly expensive. Their interest rates are labeled per month, the loan fees are at least above average. Their LTV is average.


Why did you choose them to begin with?