My neighbor was facing a dilemma because he had a balloon mtg that was coming due in the summer of 2008 and could not get refinanced.

You should speak with a broker before you develop any grand plans.I refinanced a property with a portfolio lender in Austin recently and they were 3 orders of magnitude easier to deal with than Fannie/Freddie lenders right now.

There are exceptions to this, if you want to take a risk and plan on refinancing it with a bank.

If not, you're going to have a VERY tough time refinancing.

Probably about eight miles from post.We are currently working on refinancing (our rate was at 6.5, and I have no idea why we waited to refinance it as long as we did...

Thanks for the ffed back, re financing, i am preapproved but I'm hoping a quick close with cash will give me better leverage.

have done any refinancing ?

We refinanced at 70% loan to value on one building and pulled out some cash.

Tens of thousands nearly riot for the opportunity to get an application to be on the WAITING list for more section 8 money in Atlanta.Just for the sake of accuracy -- and unless you have a link to an article indicating otherwise -- I'm fairly certain what you're referring to here is the annual NACA open house where they set up shop at the stadium and invite mostly low-income folks to apply for refinancing or purchase financing.NACA is *NOT* government supported and is *NOT* Section 8.

Who are the best lenders out there for re-financing investment properties?