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All Forum Posts by: Peter Kraemer

Peter Kraemer has started 0 posts and replied 1 times.

Private Lending & Conventional Mortgage Advice

Post: Looking for advise for lending options. DSCR? HELOC? First born?

Peter Kraemer
Posted
  • Lender
  • Boston, MA
  • Posts 2
  • Votes 1

Hey Steve, Once the property is in your name, you can do a cash out refinance bridge loan to completed the rehab, then refinance into a long term loan if you plan to hold as a rental.  A bridge loan would only be 12-24 months so would not have a 30 year note, just to rehab the property.  

1 Vote