Investment Property Refi in Boston, MA - Seeking Lender Referral

Investment Property Refi in Boston, MA - Seeking Lender Referral

Rental Property Investor · Paradise Valley, AZ · Member since 2017 · 35 posts · 7 votes

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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Boston, MA · Member since 2017 · 209 posts · 126 votes
6y

Sure Ill send you a DM

See this reply in the discussion

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  • Boston, MA · Member since 2017 · 209 posts · 126 votes
    6y

    Sure Ill send you a DM

  • Salem, MA · Member since 2014 · 59 posts · 8 votes
    6y

    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...

  • Rental Property Investor · Paradise Valley, AZ · Member since 2017 · 35 posts · 7 votes
    6y

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

    Frank

  • Rental Property Investor · East Coast · Member since 2018 · 96 posts · 65 votes
    6y

    @Frank Kosiba Just DM-ed you my contact.

  • Rental Property Investor · Paradise Valley, AZ · Member since 2017 · 35 posts · 7 votes
    6y

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

  • Rental Property Investor · Boston, MA · Member since 2019 · 2k+ posts · 1k+ votes
    6y

    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

  • Rental Property Investor · Paradise Valley, AZ · Member since 2017 · 35 posts · 7 votes
    6y
    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.

  • Rental Property Investor · Boston, MA · Member since 2019 · 2k+ posts · 1k+ votes
    6y

    Thanks a lot Frank!

  • Natick, MA · Member since 2013 · 86 posts · 47 votes
    6y

    @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

  • Rental Property Investor · Boston, MA · Member since 2019 · 2k+ posts · 1k+ votes
    6y

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

  • Salem, MA · Member since 2014 · 59 posts · 8 votes
    5y
    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?

  • Rental Property Investor · Paradise Valley, AZ · Member since 2017 · 35 posts · 7 votes
    5y

    @Natalia Soares

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

  • Salem, MA · Member since 2014 · 12 posts · 6 votes
    5y

    @Frank Kosiba

    Hi Frank,

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

  • Rental Property Investor · Paradise Valley, AZ · Member since 2017 · 35 posts · 7 votes
    5y
    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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