A Question About T/b Refi'ing
I've read that when it's time for t/b to purchase, they can refi, how is that possible when they don't own the property, I do?
I think I'm missing something here, please help.
Quinn
I've read that when it's time for t/b to purchase, they can refi, how is that possible when they don't own the property, I do?
I think I'm missing something here, please help.
Quinn
It has gotten harder to refi a l/o. It can be done but, lenders that do it are getting harder to find. Normally you have to file a Notice of Interest or Memo of Option in their name to get them refi'ed. This poses problem to you though if you want to get them out.