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Updated over 9 years ago on . Most recent reply

User Stats

18
Posts
4
Votes
Shawn Scheinoha
  • Flipper/Rehabber
  • Gainesville GA
4
Votes |
18
Posts

Cash-out refi on property with SFR and duplex

Shawn Scheinoha
  • Flipper/Rehabber
  • Gainesville GA
Posted

I purchased an SFR on 10 acres in Dahlonega GA a few years ago and built a duplex on it. Most of the properties in the area are nice homes with lots of land in addition to a couple wineries. I want to pull some cash out to use for my other investments and recoup the costs of the duplex build-out. *This is not owner oc.

With all that said, I am looking for a good lender in the North Georgia area for this refinance. The current lender will do the deal but it seems that the rates and fees are higher than normal. The loan will be 70% ltv or better.

Any recommendations on lenders would be appreciated. Thanks!

Most Popular Reply

User Stats

31
Posts
2
Votes
Hunter Gunnells
  • Agent
  • Lizella, GA
2
Votes |
31
Posts
Hunter Gunnells
  • Agent
  • Lizella, GA
Replied

This is certainly a great place to find a lender.  I have found these, but not used them yet.

http://www.infiniterealtyfunding.com/

www.temeculafinance.com

http://www.samuelcthomas.com

If you have the need for an agent, let me know. I am happy to help. 

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