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Updated over 6 years ago on . Most recent reply

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8
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3
Votes
Walter Ellis
  • Real Estate Investor
  • Lonoke, AR
3
Votes |
8
Posts

Bought a 24 unit complex 2 years ago Rehabbed and ready to BRRR

Walter Ellis
  • Real Estate Investor
  • Lonoke, AR
Posted

Bought a 24 unit complex 2 years ago.  It had been foreclosed on and was empty and trashed.  Now it has been rehabbed and is at 90% plus occupancy.  Would like to refinance from local bank at variable rate to a permanent rate.  Should appraise in the $700K to $800K range and would like to do a cash out refinance so I can by my next multi-family property.  Any suggestions on where to start the process?

  • Walter Ellis
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