Customer case study

Building an investment strategy from scratch

Deshaun is a Southern California native with a full-time career and an entrepreneurial spirit. He came to Mynd in 2016 looking for a remote investing strategy to help him generate passive income. With no previous real estate experience, he needed a partner to help him build his portfolio from the ground up. Mynd guided Deshaun through the entire investment process, identifying the right market to invest in and finding properties that would deliver optimal cash flow and appreciation. Deshaun chose Atlanta, Georgia, and in 2021, he grew his portfolio from two to three, with a little help from an expertly-structured refinance.

Finding a partner that understands real estate financing

When it came time to invest in his third property, Deshaun wanted to explore refinancing his other two properties to fund the third, taking advantage of historically low interest rates. With multiple income-generating homes in an LLC, he struggled to find a lender that understood his investment strategy and could structure and underwrite a refinance to meet his needs… until he spoke to his Mynd manager. The world of investment refinancing can be complex and opaque. There are many ways for an investor to access the capital they need to grow their portfolio, but many of those options aren’t accessible via traditional lenders. Deshaun’s Investor Services Manager took a strategic approach, matching financing options to Deshaun’s specific goals. Together, they structured a refinance that would help Deshaun lower his monthly payments and cover the downpayment on his next property.

Refinancing in less time with less paperwork

With a demanding work schedule and family commitments, Deshaun didn’t have time for unnecessary paperwork. The Mynd team handled the heavy lifting and minimized paperwork requests. Deshaun was able to secure his multi-property refinance in less time and with less hassle than working with a bank or credit union.

Lowering payments and funding his next investment

With guidance from Mynd, Deshaun secured a reduced-rate cash-out refinance on both of his properties. The refinance lowered his monthly payments and funded his third property, which he purchased through Mynd. As he grows his portfolio, Mynd is there to guide and support him every step of the way.