Charlotte Area Investing - funding, interest rates

Charlotte Area Investing - funding, interest rates

Investor · Charlotte, NC · Member since 2020 · 41 posts · 14 votes

Hi Everyone, 
Can you please recommend any investor friendly banks or lenders in the Charlotte area?
Also, if you could, their typical interest rates/closing costs, and typical time to close?
We are working with few options, but it is difficult to get positive cash-flow because of the financing costs..Now that the mortgage rates are down, would like to see whether any better options are available (We are trying to close the deals with cash, by refinancing the existing rentals.) 

Thanks for your time in advance!

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Real Estate Broker · Matthews, NC · Member since 2017 · 135 posts · 99 votes
6y

@Geetha R. I love working with Brandon Colberg at Mortgage Right. I've used him for rental purchases, cash out refis, and second homes. He's on point, familiar with working with investors,and doesn't charge a premium. There are few mortgage people who provide the knowledge, service, and available to answer questions anytime (literally he gets you that prequal on a weekend or runs your numbers after hours if needed to get a deal done).

Tell him I sent you!

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  • Member since 2019 · 10 posts · 4 votes
    6y

    @Geetha R.

    Hi Geetha, I am realtor in Charlotte, NC and I recommend George w/ Angel Oak Home Loans.

  • Real Estate Broker · Matthews, NC · Member since 2017 · 135 posts · 99 votes
    6y

    @Geetha R. I love working with Brandon Colberg at Mortgage Right. I've used him for rental purchases, cash out refis, and second homes. He's on point, familiar with working with investors,and doesn't charge a premium. There are few mortgage people who provide the knowledge, service, and available to answer questions anytime (literally he gets you that prequal on a weekend or runs your numbers after hours if needed to get a deal done).

    Tell him I sent you!

  • Investor · Charlotte, NC · Member since 2020 · 41 posts · 14 votes
    6y

    Thank you very much for your inputs, @Tanisha Griffith and @Colleen Goldstein!!

  • Charlotte, NC · Member since 2017 · 71 posts · 32 votes
    6y

    Second @Colleen Goldstein’s post! We are currently working with him on a rental refinance and he’s been great so far!

    Jared Wonders

  • Investor · Charlotte, NC · Member since 2020 · 41 posts · 14 votes
    6y

    Sounds great, thank you @Jared Wonders!!

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