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All Forum Posts by: Edgar Sanchez

Edgar Sanchez has started 1 posts and replied 8 times.

Hey, Joshua. Any updates? Did you decide which company you'll be using? I'm on the same boat.

Hi Lilly, you're getting a great rate. If you don't mind, can you share your loan officer's contact information?

Post: Refinancing / rate/points

Edgar SanchezPosted
  • Posts 8
  • Votes 1

@Crystal S.

Sure, please send me your contact info

Post: Refinancing / rate/points

Edgar SanchezPosted
  • Posts 8
  • Votes 1

@Clayton Smith

The site won’t let me send you contact info via this thread, so I sent you a connection request with the info. 

I hope he can get you a good deal. Please mention my name when you contact him. 

Post: Refinancing / rate/points

Edgar SanchezPosted
  • Posts 8
  • Votes 1

Hi, I am also looking to refinance my rental property (SFH) in Texas. Loan amount of $162k, 80% LTV, got quoted a 3.50% interest rate with a $1,600 buy down fee. The current mortgage has a 4.50% interest rate.

What are you getting quoted?

@Heather Schmidtknecht @Aigo Pyles

Thank you for your advice. Those are great ideas that we will incorporate.

@Brandon Sok

Thanks for your advice, very helpful. Very good ideas.

Situation:

I own a single-family rental property in Dallas, Texas that is currently occupied by a tenant who is moving out. The current lease ends on May 31st, but the tenant has informed me that they’re moving out by the 18th. The lease allows me to show this tenant-occupied property to prospective tenants starting today.

Questions:

1. Under this scenario, would you just wait until they move out to reduce liability?

2. Are YOU waiting for tenants to move out before showing a property to reduce liability?

3. I’m wondering if anyone can share their strategies for safely showing tenant-occupied rentals during COVID-19.