strategy for refi of 8 single family homes
I had the good fortune to buy several homes in texas and california between 2010-2013 .
I financed the deals with private money and figured I would hold for 5-7 years.
I have changed course and want to hold these properties for the long term. The problem is that a main investors wants to cash out and I need to find new financing. Due to my business strategy, I am in the red year over year and managing property is my only job. My credit is good and I have solid equity/great renters in all of my properties. Where am I going to find best rates on a refi? Hard money, private money soft money? What types of rates and terms? How quickly can they get the deals done? Thanks in advance.