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Updated over 6 years ago on . Most recent reply

User Stats

36
Posts
11
Votes
Caleb Clay
  • Lexington, Ky
11
Votes |
36
Posts

I need a private money lender for a cash out refi!

Caleb Clay
  • Lexington, Ky
Posted

I have two houses in Alabama that I want to cash out refi on. Both houses are paid off and should appraise for around $230k combined. Most of the local banks in my area are wanting 5/1 at 6%+ rate and only a 20 year AM. I am looking for a fixed rate for 30 year term or something that makes more sense to me. If anyone could point me to a lender that does business in Alabama or private money that would be interested, please PM me. Thanks!

side note: both of these properties are inside my LLC.

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