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Updated over 7 years ago on . Most recent reply

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13
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4
Votes
Jason Skelton
  • Portland, OR
4
Votes |
13
Posts

Refi portfolio loan?

Jason Skelton
  • Portland, OR
Posted

Purchased 3 SFR at $29K per with cash ($87K total). I don't qualify for delayed financing so leaning toward portfolio loan for all 3. Unfortunately portfolio loan is variable APR. Can I refi this loan with conventional mortgages on each property after 6 month ownership period runs? Related question: anyone getting fixed APR on portfolio loans?

Thank you!

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