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All Forum Posts by: Robert E Wilder

Robert E Wilder has started 1 posts and replied 2 times.

Short-Term & Vacation Rental Discussions

Post: Why so many Smoky Mountain Sales?

Robert E WilderPosted
  • Rental Property Investor
  • Knoxville, TN
  • Posts 2
  • Votes 1

@Elaine Petty prices have skyrocketed due to low inventory in the area. Investors are simply cashing out. Another reason may be that a lot of the older (baby boomers) generation are retiring. I know many of them.

1 Vote
Private Lending & Conventional Mortgage Advice

Post: Private lenders for refi during covid-19

Robert E WilderPosted
  • Rental Property Investor
  • Knoxville, TN
  • Posts 2
  • Votes 1

We are closing on our 2nd property in less than a week. Both of our previous private lenders are no longer offering refi due to covid-19 uncertainty. We are affraid that all of our capital will be held up in this property for a long time if we can't find a lender. Would prefer to have the house under an LLC which is not possible with Freddie/Fannie. Is this a common problem or is there actually private lenders that are still offering refis?

0 Votes