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Updated about 10 years ago on . Most recent reply

User Stats

30
Posts
1
Votes
Tony Santos
  • Real Estate Investor
  • Dartmouth, MA
1
Votes |
30
Posts

Refinancing in Massachusetts

Tony Santos
  • Real Estate Investor
  • Dartmouth, MA
Posted

Hey BP,

I currently bought a single family home under my business name. We bought the property with private money (a family members HELOC) and now we are looking to re-fi. We want to re-fi into a commerical loan because we want to keep it under our business name. This is our first buy and hold as a company so I want to make sure I am not missing any helpful hints. So I have two questions-

1. Any recommendations on this re-fi process?

2. Any recommended banks or mortgage brokers you recommend in Massachusetts? 

Additional info-

Purchase price- 85k

ARV- 210k

Rehab- 2k

We are looking to do this no cash out of pocket. Thanks!

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