All Forum Posts by: Jeff Kuhen

Hi, I am looking for a mortgage broker or mainly a portfolio lender in the south jersey area that can offer financing products for multiple properties.  thx

if you applied with major bank it takes forever..I have 600k equity..great income..775 score..and wanted 200k heloc and it took 6weeks..large banks with mortgages and helocs can be very frustrating with time, and it will only get worse with different guidelines in the future..good lick

I just purchased a property using my heloc..property price 95k..rehab costs approx 50k..after market value will be approx 200k..I am a buy and hold investor and property will rent for 2000 a month.  My question is..how long will i have to wait to refinance this property into a 30yr mortgage.  My goal is to pay off the heloc to be able to use the money again.  My rate is 2.75% on the heloc, and was wondering if just using cash flow from rental to pay back heloc is a better option then the refinance..Looking for advice..thx