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General Real Estate Investing

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Jennifer Castaneda
  • Plano, TX
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Cash Out Refinance Lenders- DFW

Jennifer Castaneda
  • Plano, TX
Posted Nov 26 2022, 15:36

Hi,

Just wanted to see if anyone has a favorite lender they use for cash out refinancing in the DFW area?

Thanks!

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Eliott Elias#3 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Investor
  • Austin, TX
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Eliott Elias#3 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Investor
  • Austin, TX
Replied Nov 26 2022, 18:36

Have one I'm happy to connect you with 

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Jennifer Castaneda
  • Plano, TX
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Jennifer Castaneda
  • Plano, TX
Replied Nov 26 2022, 19:44
@Eliott Elias I would love that. Thanks!

Quote from @Eliott Elias:

Have one I'm happy to connect you with 

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Lucia Rushton
  • Realtor
  • Dallas - Fort Worth Metroplex, Tx
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Lucia Rushton
  • Realtor
  • Dallas - Fort Worth Metroplex, Tx
Replied Nov 27 2022, 07:47

@Jennifer Castaneda I also have one in Plano.

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Jennifer Castaneda
  • Plano, TX
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Jennifer Castaneda
  • Plano, TX
Replied Nov 27 2022, 17:41

@Lucia Rushton I would love to connect with who you recommend.

Thanks!

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Alicia Marks
Pro Member
  • Fort Worth, TX
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Alicia Marks
Pro Member
  • Fort Worth, TX
Replied Nov 28 2022, 11:30

@Andrew Postell is a broker and investor himself. He does lots of work in DFW.

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Jennifer Castaneda
  • Plano, TX
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Jennifer Castaneda
  • Plano, TX
Replied Nov 28 2022, 11:42

@Alicia Marks Thanks! I'll reach out!

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Replied Nov 28 2022, 14:01

Hi Jennifer, I did three cash out refis last year with an amazing lender -- happy to connect you!

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Jack Tulloch
Pro Member
#2 Mortgage Brokers & Lenders Contributor
  • Lender
  • Austin, TX
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Jack Tulloch
Pro Member
#2 Mortgage Brokers & Lenders Contributor
  • Lender
  • Austin, TX
Replied Nov 28 2022, 15:09

I recommend checking under the "NETWORK" tab on Bigger Pockets and then you can review various lenders and their "specialties".

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Jennifer Castaneda
  • Plano, TX
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Jennifer Castaneda
  • Plano, TX
Replied Nov 28 2022, 15:25

@Nate Eazor sure would love to connect or learn more about your lender!

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Jennifer Castaneda
  • Plano, TX
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Jennifer Castaneda
  • Plano, TX
Replied Nov 28 2022, 15:27

@Jack Tulloch I will check it out, thanks.

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Andrew Postell
Lender
Pro Member
#1 Creative Real Estate Financing Contributor
  • Lender
  • Fort Worth, TX
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Andrew Postell
Lender
Pro Member
#1 Creative Real Estate Financing Contributor
  • Lender
  • Fort Worth, TX
Replied Nov 28 2022, 16:26

@Jennifer Castaneda thanks for posting.  Always great to hear from a fellow Texan.  @Alicia Marks thanks for the mention.

I always recommend the same method when trying to identify good vendors - get your referral from a fellow investor.  I respect everyone's opinion here and how they get business.  But how do you know if anyone is any good?  Sometimes you don't know....until it's too late.  And this goes for any plumber, electrician, property manager, ANYTHING.  Getting a referral from a fellow investor still won't guaranteed it...but it will certainly improve your chances of finding the right type of lender.  And yes, real estate investment loans are a little strange to some.  

We live in a great place being a part of DFW. We have so many real estate groups that we can go meet with and network with. Visit your local REI groups. Some post here on the Bigger Pockets Marketplace. Many post on meetup.com. Even facebook will have some. Networking is always a great practice and you never know who you might meet there and what good information they have to share. Would certainly recommend visiting if one is close to you.

I even wrote an entire post on this topic that you can read HERE and it includes the questions you should be asking your lenders when you interview them.

Anyway, I hope all of that makes sense.  Get with Alicia too, she's a great person to know here locally.  Thanks!

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Dave Skow
  • Lender
  • Seattle, WA
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Dave Skow
  • Lender
  • Seattle, WA
Replied Nov 28 2022, 16:30

@Jennifer Castaneda- let me know if you  would like a referral still -  I have a  great colleague that I can refer for DFW

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