refinancing student housing

[Alexei Semenov]

hi BP!

i have a chance to invest in student housing but when i talked to my lander he said that they can't do refinancing on SH.....

can you really refinance that? if you do what are the terms?

thank you for your help

[Dave Poeppelmeier]

Hi Alexi, I have loans on my student rentals both conventional and commercial, and nobody had a problem with students. Each lender writes their own rules as to what risks they're willing to take on. I would contact local lenders in Tallahassee to find out who will finance student housing in that area.