All Forum Posts by: Kevin Post

Karissa,

If you are buying investment properties there are several programs that require no tax returns, and in this market the rates are not much higher. It is worth it to not deal with the headache. Also if you are working with a broker and not doing this directly yourself, then they completely dropped the ball not handling this for you. 

Let me know if you have any questions, I can go recommend some programs.

Joshua,

If it is going to be a gut remodel, and you do not want to worry about the appraisal, there are lenders out there that will cash-out refi the property knowing it will be going thru the rehab process and will NOT require an appraisal. If you have any further questions please feel free to reach out.

Paul give me a call. I am local to the area and can get you a pre-approval if you qualify.

Hey Jeff,

I have done dozens of cash-out loans for investment properties in Florida. No tax returns or income verification required. 30yr and 40yr fixed rate loans. Give me a call anytime and I can answer any questions you have.

@Jaison Emmanuel

All investment lending programs have been shut down, most of the investors I work with are taking private money at higher interest rates and waiting for programs to return. If the investment is good enough then private/hard money rates can still make sense.

You can't do any conventional A paper residential loans in the name of an LLC. If you are going with an investment program you can quit claim deed it prior to closing the refinance. Who is telling you no? Your existing lender?