I have a townhouse in Kennesaw GA and I currently live in southern CA but need to refinance this townhouse to get a better int rate and increase my cashflows. Does anyone have any recommendations on great lenders out there...
I've also had a property manager who charges 7% per month on rent and every time I renew they take 50% of the rent. Is that high? I almost feel like why haven't really done right by me as my last tenant was in my property for over 5 years and yet the rent was $400/month below market. Yes, I feel silly to even admit that because I clearly have not been on the up and up on this property and had ben happy to just get my rents on time!
Hi, @Thembi Moyo . I live in Kennesaw and have 2 rentals here. I pay a flat $300 for renewal, 8% monthly and 1 month rent for lease-up. Of the PM's that I interviewed initially, all had a flat fee renewal rate (I think $300 was actually the highest if I remember correctly). If you are thinking about switching, I'd be happy to give you my PM's contact info. Who, consequently,was given to me by another most excellent BP member @Todd Whiddon .
Thanks @Julie Kern!. If you are happy with your PM, could you message me please and I will give them a try.
I have refinanced with Suntrust with no problems
Were you able to get your refinance?