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Author Topic: Refinancing an Investment Property  (Read 2806 times)

Offline Mainstay

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Refinancing an Investment Property
« on: November 18, 2008, 08:58:45 am »
Hello All,

Just wondering if anyone has a lead on a mortgage company that will finance an investment property.  I have a tenant occupied rental that I want to mortgage for only 75-80% of the value.
This property is completely rehabbed and in a good area.

Thanks,

Offline Investment Loans

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Re: Refinancing an Investment Property
« Reply #1 on: November 18, 2008, 10:53:01 am »
Have you tried local sources where you live?  Is there some special reason you cant get financing through them?

If you recently rehabbed a recent purchase then seasoning could be an issue?  How many properties do you own?  That could be another issue.  Ideally, getting a conventional 30yr mortgage would be best for cash flow but you need to determine if you can qualify and/or if that is the type of financing you want.  If not, maybe a commercial 20yr mortgage would be better.
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Ben Carmona * Consultant * ALL STATES * www.BenCarmona.com * 314-914-6052
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Offline jlwinvestments

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Re: Refinancing an Investment Property
« Reply #2 on: December 16, 2008, 02:02:38 pm »
any information on this topic?

Offline christopher w

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Re: Refinancing an Investment Property
« Reply #3 on: December 17, 2008, 09:03:22 am »
What information are you looking for?
Christopher W
C-214.923.5781

 




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