Investment property rate refinance

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Investment property rate refinance

Daniel Hartz
Investor · Member since 2019 · 14 posts · 9 votes

Looking for competitive refinance quotes for an LLC-owned rental in El Paso, Texas. The loan has an approximate payoff balance of $126,000. The property was appraised in September 2023 at $165,000, and I estimate its current value at $185,000 (I'm willing to get an appraisal if we need a higher value, which it likely is).

This is a single-family rental in good standing and I am seeking the lowest available fixed-rate refinance. I am open to conventional options that will work for an LLC, DSCR programs, portfolio lenders, or any structure that produces a low fixed rate and reasonable closing timeline. The current tenant has been in since December 2024 and the rent is $1,100/month.

If you are a lender or broker who lends in Texas and can offer competitive terms for LLC-owned rentals, please reply with program details and typical rate ranges.

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  • Jay HurstBusiness Member
    Lender · Dallas, TX · Member since 2017 · 1k+ posts · 1k+ votes
    7mo
    Quote from @Daniel Hartz:

    Looking for competitive refinance quotes for an LLC-owned rental in El Paso, Texas. The loan has an approximate payoff balance of $126,000. The property was appraised in September 2023 at $165,000, and I estimate its current value at $185,000 (I'm willing to get an appraisal if we need a higher value, which it likely is).

    This is a single-family rental in good standing and I am seeking the lowest available fixed-rate refinance. I am open to conventional options that will work for an LLC, DSCR programs, portfolio lenders, or any structure that produces a low fixed rate and reasonable closing timeline. The current tenant has been in since December 2024 and the rent is $1,100/month.

    If you are a lender or broker who lends in Texas and can offer competitive terms for LLC-owned rentals, please reply with program details and typical rate ranges.

     

    " I am open to conventional options that will work for an LLC, DSCR programs,"   

    conventional loans are going to be full doc meaning you must prove your income (so not DSCR) and you would have to vest in your personal name.

    It sounds like you are asking for a DSCR loan that will allow you to close in your LLC. This loan will require an appraisal for both the market value and the market rent. On any loan program the details determine the rate which include the loan to value, credit score, occupancy, the cost you pay upfront etc but on DSCR loans there are even more factors. The cost upfront is even bigger piece then conventional, but also very important is what the DSCR factor is 1.0 vs .99 for example and the pre-payment penalty. No pre-payment penalty might be in the mid six's where a 5 yr PPP would be in the low 6's. Most DSCR seems to be priced with a 5 yr PPP so the rate sounds attractive but you for sure need to understand that PPP could cost you a lot of money in the end.

    Hurst Real Estate, INC4.992 Reviews
    WebsiteView Page
    0Reply
  • Mike GrudzienPro Member
    Lender · Eugene, OR · Member since 2019 · 2k+ posts · 1k+ votes
    7mo

    Have you checked locally with a good, local, credit union?

    0Reply
  • Janice Carter
    Real Estate Broker · Atlanta · Member since 2024 · 1k+ posts · 608 votes
    7mo

    Daniel, what is your current interest rate? That will help determine whether a refinance makes sense. You will often get the most competitive pricing from a mortgage broker who can shop multiple wholesale lenders rather than going to just one bank. If you would like, feel free to reach out and I can connect you with a mortgage broker who lends in Texas.

    0Reply
  • Erik EstradaBusiness Member
    Lender · Member since 2022 · 6k+ posts · 1k+ votes
    7mo
    Quote from @Daniel Hartz:

    Looking for competitive refinance quotes for an LLC-owned rental in El Paso, Texas. The loan has an approximate payoff balance of $126,000. The property was appraised in September 2023 at $165,000, and I estimate its current value at $185,000 (I'm willing to get an appraisal if we need a higher value, which it likely is).

    This is a single-family rental in good standing and I am seeking the lowest available fixed-rate refinance. I am open to conventional options that will work for an LLC, DSCR programs, portfolio lenders, or any structure that produces a low fixed rate and reasonable closing timeline. The current tenant has been in since December 2024 and the rent is $1,100/month.

    If you are a lender or broker who lends in Texas and can offer competitive terms for LLC-owned rentals, please reply with program details and typical rate ranges.


     Happy to connect

    [email protected]818-269-7983
    LuxePrivate Investments LLC 572 Reviews
    WebsiteView Page
    0Reply
  • Corinna Negron
    Member since 2026 · 129 posts · 21 votes
    7mo
    Quote from @Daniel Hartz:

    Looking for competitive refinance quotes for an LLC-owned rental in El Paso, Texas. The loan has an approximate payoff balance of $126,000. The property was appraised in September 2023 at $165,000, and I estimate its current value at $185,000 (I'm willing to get an appraisal if we need a higher value, which it likely is).

    This is a single-family rental in good standing and I am seeking the lowest available fixed-rate refinance. I am open to conventional options that will work for an LLC, DSCR programs, portfolio lenders, or any structure that produces a low fixed rate and reasonable closing timeline. The current tenant has been in since December 2024 and the rent is $1,100/month.

    If you are a lender or broker who lends in Texas and can offer competitive terms for LLC-owned rentals, please reply with program details and typical rate ranges.

    I may be able to help with competitive refinance options for LLC-owned rentals in Texas, including DSCR and fixed-rate programs. Fast review and straightforward process. Feel free to send me a private message with your deal details and I’ll take a look. Thank you
    0Reply
  • Ryan Maggard
    Lender · Cleveland Ohio · Member since 2025 · 42 posts · 1 vote
    7mo

    Hey Daniel, I hope you are doing well. I would love to be able to go over some different options I have available. It does not hurt to shop for a few different quotes. 

    Schedule a call with me and I can run through pricing with you. https://calendly.com/ryan-maggard-myccmortgage/30min

    0Reply
  • Austin ClarenceBusiness Member
    Lender · Phoenix, AZ · Member since 2023 · 136 posts · 32 votes
    7mo

    Would love to connect and cover some of your options 

    [email protected]650-906-2376
    Austin Clarence with NEXA Mortgage553 Reviews
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    0Reply
  • Dylan Johnson
    Member since 2026 · 22 posts · 3 votes
    7mo

    Hi Daniel,

    Park Place has a great DSCR product. I'll message you my contact info direct if that's something you'd like to explore. Either way, best of luck moving forward.

    0Reply
  • Corinna Negron
    Member since 2026 · 129 posts · 21 votes
    7mo
    Quote from @Daniel Hartz:

    Looking for competitive refinance quotes for an LLC-owned rental in El Paso, Texas. The loan has an approximate payoff balance of $126,000. The property was appraised in September 2023 at $165,000, and I estimate its current value at $185,000 (I'm willing to get an appraisal if we need a higher value, which it likely is).

    This is a single-family rental in good standing and I am seeking the lowest available fixed-rate refinance. I am open to conventional options that will work for an LLC, DSCR programs, portfolio lenders, or any structure that produces a low fixed rate and reasonable closing timeline. The current tenant has been in since December 2024 and the rent is $1,100/month.

    If you are a lender or broker who lends in Texas and can offer competitive terms for LLC-owned rentals, please reply with program details and typical rate ranges.




    We work with refinance and DSCR solutions for LLC-owned rentals, including portfolio and private lender options when conventional isn’t the best fit.

    If you’re open to alternative structures or need competitive terms in Texas, feel free to DM me your basic deal metrics (payoff, rent, value, lease) — happy to share possible program options and typical rate ranges that may apply.

    0Reply
  • Steven Baum
    Member since 2025 · 146 posts · 4 votes
    7mo
    Quote from @Daniel Hartz:

    Looking for competitive refinance quotes for an LLC-owned rental in El Paso, Texas. The loan has an approximate payoff balance of $126,000. The property was appraised in September 2023 at $165,000, and I estimate its current value at $185,000 (I'm willing to get an appraisal if we need a higher value, which it likely is).

    This is a single-family rental in good standing and I am seeking the lowest available fixed-rate refinance. I am open to conventional options that will work for an LLC, DSCR programs, portfolio lenders, or any structure that produces a low fixed rate and reasonable closing timeline. The current tenant has been in since December 2024 and the rent is $1,100/month.

    If you are a lender or broker who lends in Texas and can offer competitive terms for LLC-owned rentals, please reply with program details and typical rate ranges.


     I'd be happy to get you a quote. Let's connect.

    Steven Baum (Loan Broker)
    📞 (208) 732-2326
    📧 [email protected]
    🌐 www.lilacfunding.com

    0Reply
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