Posted by GMann on February 28, 2003 at 09:51:15:
A mortgage broker can do all of the properties at the same time. A broker has multiple lenders to choose from. Some lenders have a max of 5 total properties and/or $1MM total in loans. The broker can divi it up between investors and just make copy packages. If you try 2 different lenders/brokers then it may just be a nightmare.
See if you can find a really sharp loan officer at a LOCAL broker shop. Maybe you can get a referal from someone.
Refinancing several properties - Posted by Scott - FL
Posted by Scott - FL on February 28, 2003 at 09:22:57:
I have 7 duplexes and my home residence that would appear to be prime contenders to be refinanced. I have owned these propeties long enough that I have equity built up.
I would like to refinance several properties (I want to keep them all) and take some money out for new purchases. What is the best strategy? One at a time, all at once, … Different mortgage lenders, the same mortgage lender…
Thanks for the input.
Re: Refinancing several properties - Posted by brad
Posted by brad on March 07, 2003 at 01:22:23:
E-mail me what has been offered so far. I know of great deals
Re: Refinancing several properties - Posted by Mike Pine
Posted by Mike Pine on February 28, 2003 at 13:51:02:
Scott,
I could assist you in doing them all once if you would like. Write me and we will see what we can do.
Mike Pine
Michael_Pine@yahoo.com
AIM:Mortgagebroker71