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ForumsArrowBoston Real Estate ForumArrowInvestment Property Refi in Boston, MA - Seeking Lender Referral
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Investment Property Refi in Boston, MA - Seeking Lender Referral

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  • Posts 35
  • Votes 7

Frank Kosiba
from Boston, Massachusetts

posted 6 months ago

Happy Friday BP folks -

Does anyone have any local (to Boston) banks that are currently doing investment property re-fi for a mult-family at 80% LTV? Ideally, I'm looking to get a referral to someone at East Boston Savings Bank or other community type banks. I'm happy to pick up the phone and dial 10 banks, although I prefer getting referred in by someone that's used them or has a connection.

Feel free to PM/DM me or comment here and I'll reply asap.

-Frank

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Check Rosette Top Subjects:
Rentals, Analyze Deals, and Residential
  • Posts 152
  • Votes 92

Jarrod Kohl
from Boston, MA

replied 6 months ago

Sure Ill send you a DM

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  • Posts 40
  • Votes 6

Natalia Soares
from Salem, MA

replied 6 months ago

Check out this forum with everyone sharing their refi’s. At the top there is a search box you can use to put I. Keywords to get you to the info you need. Ex investment or rental

https://www.bogleheads.org/for...

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  • Posts 35
  • Votes 7

Frank Kosiba
from Boston, Massachusetts

replied 6 months ago

@Natalia Soares Thank you - I will check this forum out! Have a great weekend.

Frank

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Check Rosette Top Subjects:
Traditional Financing, Team, and Real Estate Finance
  • Posts 65
  • Votes 46

Jack Dalrymple
Rental Property Investor

replied 6 months ago

@Frank Kosiba Just DM-ed you my contact.

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  • Posts 35
  • Votes 7

Frank Kosiba
from Boston, Massachusetts

replied 6 months ago

@Jack Dalrymple Awesome, thank you Jack. I’ll reach out to your contact tomorrow. FK

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Check Rosette Top Subject:
Maintenance
  • Posts 302
  • Votes 188

Bud Gaffney
Rental Property Investor from Boston, MA

replied 6 months ago

Hi all! I am in a similar boat..I have sent requests to you all and I'm trying to find lenders who are currently doing HELOC's on investment properties in Massachusetts. Any help/insight would be so greatly appreciated. Take care.

-Bud

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  • Posts 35
  • Votes 7

Frank Kosiba
from Boston, Massachusetts

replied 6 months ago
Originally posted by @Bud Gaffney :

Hi all! I am in a similar boat..I have sent requests to you all and I'm trying to find lenders who are currently doing HELOC's on investment properties in Massachusetts. Any help/insight would be so greatly appreciated. Take care.

-Bud

Sure thing, Bud. I will keep you updated.

 

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Check Rosette Top Subject:
Maintenance
  • Posts 302
  • Votes 188

Bud Gaffney
Rental Property Investor from Boston, MA

replied 6 months ago

Thanks a lot Frank!

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  • Posts 79
  • Votes 38

Nick Foundas
from Natick, Massachusetts

replied 6 months ago

@Bud Gaffney I havent used the Banks listed below but I have heard from other contacts that they offer HELOCs on investment Properties.  I heard Pen Fed may have the best rates/terms out of the group so you may want to start with them.

Pen Fed, Central One Federal Credit Union, TD Bank, Lowell Five, Enterprise Bank, Bridgewater Savings, Citizens, Fidelity Bank, Bank of Canton, Century Bank, Naveo Credit Union

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Check Rosette Top Subject:
Maintenance
  • Posts 302
  • Votes 188

Bud Gaffney
Rental Property Investor from Boston, MA

replied 6 months ago

Thanks so much Nick! I greatly appreciate the list and insight.

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  • Posts 40
  • Votes 6

Natalia Soares
from Salem, MA

replied 4 months ago
Originally posted by @Frank Kosiba :

Happy Friday BP folks -

Does anyone have any local (to Boston) banks that are currently doing investment property re-fi for a mult-family at 80% LTV? Ideally, I'm looking to get a referral to someone at East Boston Savings Bank or other community type banks. I'm happy to pick up the phone and dial 10 banks, although I prefer getting referred in by someone that's used them or has a connection.

Feel free to PM/DM me or comment here and I'll reply asap.

-Frank


we’re you able to find any?

 

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  • Posts 35
  • Votes 7

Frank Kosiba
from Boston, Massachusetts

replied 4 months ago

@Natalia Soares

I did - PM/DM me and I’d be happy to share my experience thus far.

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  • Posts 10
  • Votes 6

Ashlie Perry
from Salem, Massachusetts

replied about 2 months ago

@Frank Kosiba

Hi Frank,

I’d like to know about your experience. I’m looking to refi as well. Thanks!

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  • Posts 35
  • Votes 7

Frank Kosiba
from Boston, Massachusetts

replied about 2 months ago
Originally posted by @Ashlie Perry :

@Frank Kosiba

Hi Frank,

I’d like to know about your experience. I’m looking to refi as well. Thanks!

Hi Ashlie - happy to share my experience. Although I haven't pulled the trigger with the actual re-fi, I made a great contact and can recommend him as someone very knowledgeable that may be able to help.

Shoot me a PM if you'd like to know the details and my contact.

Thanks!

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