Where can I get refinanced @ 60% in Tennessee.

Question

I am looking for financing. Does anyone know where to get this done?

rental properties in Memphis, TN
refinance
blanket?
full documentation
720 FICO
60% LTV
better than 1.2 DSR

Jon Holdman · Answer

This is two years old, guys.  I'm bettering Skylar worked out the refi.

Uwe S. · Answer

LoL, thanks to Damian for his super post. I was wrong (first time^^).

-Uwe

Uwe S. · Answer

Skylar,
Maybe I have an other source for you. Can send with email, donÂ´t work for me (foreigner) but with you :).
Let me know

-Uwe

Damian Mingle · Answer

Skylar...glad to have you.

Kathy Utiss · Answer

The more I look at your posting it brings up more ???
I am looking for financing-For how many properties? One or more? Are these new purchases? That they'll purchase and create a new loan in their name?

Or are these portfolios when you talk about blanket loans usually there's more than one. What type of rentals? SFR or apartments? New construction?

REO'S?

What's the Purchase Price?
The LTV is 60 % of what? The value of the property? 60% of the value their purchasing for? Or 60% of ARV?

This may need more explanation to get the answers you seek....

What is principals input and how? What amount of liquid $$$ does he have to put into the project? Especially if there's a minimum of 10% down necessary? These are most things any lender will ask.

Let us know!

Good luck!

Kathy

rental properties in Memphis, TN
refinance
blanket?
full documentation
720 FICO
60% LTV
better than 1.2 DSR

Skylar Howard · Answer

Thank you. I actually posted the same ad there yesterday. You are the second person to let me know about that forum. Fingers crossed!!!

Kathy Utiss · Answer

Try looking at broker outpost. Maybe make a posting there. 720 is a good credit score.

good luck,

Kathy

Where can I get refinanced @ 60% in Tennessee.

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