Investment Property Refi in Boston, MA - Seeking Lender Referral
14 Replies
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
Jarrod Kohl
from Boston, MA
replied 6 months ago
Sure Ill send you a DM
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
Frank Kosiba
from Boston, Massachusetts
replied 6 months ago
@Natalia Soares Thank you - I will check this forum out! Have a great weekend.
Frank
Jack Dalrymple
Rental Property Investor
replied 6 months ago
@Frank Kosiba Just DM-ed you my contact.
Frank Kosiba
from Boston, Massachusetts
replied 6 months ago
@Jack Dalrymple Awesome, thank you Jack. I’ll reach out to your contact tomorrow. FK
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
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.
Bud Gaffney
Rental Property Investor from Boston, MA
replied 6 months ago
Thanks a lot Frank!
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
Bud Gaffney
Rental Property Investor from Boston, MA
replied 6 months ago
Thanks so much Nick! I greatly appreciate the list and insight.
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?
Frank Kosiba
from Boston, Massachusetts
replied 4 months ago
I did - PM/DM me and I’d be happy to share my experience thus far.
Ashlie Perry
from Salem, Massachusetts
replied about 2 months ago
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!