Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
What are the most significant trends in real estate refinancing this year?
Are there any new opportunities or pitfalls to be aware of? Your advice is appreciated!
Following this! Would love to hear from investment centric lenders as to what the best strategies are and what people are doing!
I have been seeing a lot more extensions from hard money lenders..
But in general, the toughest thing now is the appraisal coming in lower. This usually results in the borrower just doing a rate and term refinance or cashing out on the low end. I do anticipate more refinances this coming year since rates are looking favorable and so many balloon notes that have been on extension after extension will eventually need to be paid off.
-
Lender California (#02161719)
- 818-269-7983
- https://www.luxeprivateinvestmentsllc.com/
- [email protected]
BiggerPockets
|
Sponsored
Find an investor-friendly agent in your market TODAY Get matched with our network of trusted, local, investor friendly agents in under 2 minutes