Anybody Lending on Investment properties about now?
Okay-
So three months into this pandemic and my typical funding sources are holding tight. I tried private money/broker/bank. The bank was working on my application and then stalled once COVID hit. They changed the requirements multiple times making it tougher to qualify. The broker flat out said that the industry was scared and not lending. The private money could deal, but the offer was horrible. 60% ARV ontop of the finance charges.... It just didn't make sense to go through with it. So Im reaching out to see if there are any lenders still lending on investment properties. I wanted to complete a refi, but if not I can certainly hold.