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Updated over 6 years ago on . Most recent reply

Rachel Luoto's profile image
Rachel Luoto's profile image
Rachel Luoto
  • from Lake Oswego, OR
  • Member since May 22, 2015

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Rachel Luoto's profile image
Rachel Luoto's profile image
Rachel Luoto
  • from Lake Oswego, OR
  • Member since May 22, 2015
Rachel Luoto
  • Lake Oswego, OR
115
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174
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Private Lending & Conventional Mortgage Advice

Lender to refi low-value tenented cash properties?

Rachel Luoto
  • Lake Oswego, OR
Posted

Hi! I have just over ~$70k between two properties in Memphis, TN, 3 units total.  Both owned outright, one has undergone a recent renovation. Can anyone recommend a lender (traditional or private) who might cash-out refi these, separate or as a blanket? I am continuing to buy in the area and establishing a relationship with a local lender would lead to continued business. Thank you!

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Douglas Skipworth's profile image
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Douglas Skipworth
  • Rental Property Investor
  • from Memphis, TN
  • Member since Sep 28, 2014

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Douglas Skipworth's profile image
Douglas Skipworth's profile image
Douglas Skipworth
  • Rental Property Investor
  • from Memphis, TN
  • Member since Sep 28, 2014
Douglas Skipworth
  • Rental Property Investor
  • Memphis, TN
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Douglas Skipworth
  • Rental Property Investor
  • Memphis, TN
Replied

Hi, @Rachel Luoto.

You should connect with John Phillips at Brighton Bank.  They specialize in financing investment property.

  • Douglas Skipworth
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Investor's Guide to Memphis Real Estate

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