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Re: Cash out refinance of investment property? |
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Home away from home
 
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Glad I could help. IB is too low profile, needs some good press. I left Cap 1, what a shitshow. Utterly incompetent, I could not find a single person capable of opening a tenant escrow account properly. No wonder they're closing their branches.
Posted on: 1/31 21:15
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Re: Cash out refinance of investment property? |
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Just can't stay away
 
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Thanks for the tip. I spoke with someone yesterday and they do the cash-out refinance for an LLC with very competitive rates compared to the other banks I have talked to. It may be a good option for me!
Posted on: 1/31 15:36
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Re: Cash out refinance of investment property? |
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Home away from home
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Can't speak to this exact issue, but I found Investors Banks to be spectacularly competent in my last purchase, unlike any other bank I've ever dealt with. I switched my other banking there, I was so impressed. Small local banks are better, IB is where Pamrapo used to be before they shat the bed.
Posted on: 1/30 16:17
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Cash out refinance of investment property? |
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Just can't stay away
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I am looking into doing a cash-out refinance for a residential investment property that is owned by an LLC. I have talked to a few banks that do this but wonder if anyone recommends a particular bank for this? There is definitely no consistency among the banks for these loans when the property is owned by an LLC.
Thanks for any insight.
Posted on: 1/30 15:45
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