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All Forum Posts by: Dane Reinhart

Dane Reinhart has started 1 posts and replied 1 times.

Hello all - 

I purchased a triplex in Phoenix back in August using a combination of hard money and seller debt. The property was purchased vacant and has since been leased at 20%+ rent increases (vs. last in-place).

I am looking to refinance the purchase loans into a lower interest rate loan. The property's income is very high, so I'm looking for something DSCR-based at the highest leverage supportable by the cash flow.

Are there any lenders who you can recommend that would be open to a 80% LTV or higher refinance, assuming the income clears the necessary DSCR thresholds?