Updated almost 12 years ago on . Most recent reply
Financing Out
Question for investors who borrow from peer-to-peer lenders or private lenders for the purpose of buy and hold (I know @Wendell De Guzman
and @Mehran K. and Dawn Anastasi have written/podcasted about these types of loans). How and when can a bank refinance you out of those higher interest loans? What criteria are they looking for? What factors will give a buy and hold investor some certainty about getting refinanced out after a year or so? Thanks for any replies!
John