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All Forum Posts by: Account Closed

Account Closed has started 4 posts and replied 15 times.

Post: What to do with 280k cash in Austin, TX?

Account ClosedPosted
  • Posts 15
  • Votes 3

My mother just sold her house and has 280k in cash to invest back in real estate. I am fairly new to real estate investing and am not sure what is the best move. Here are my questions:

- Can she use it as a downpayment for 3 properties worth ~1M? 

- How can I find a lender for such a deal? 

- Do I look for commercial loans? 

- What will such a lender require to close such a loan? 

- Any better ideas of what she should do with all that cash?

Thanks, I look forward to reading your suggestions.

Post: Can I refinance an investment property?

Account ClosedPosted
  • Posts 15
  • Votes 3

Awesome, knowing you have done it in the past week makes me very optimistic.

I will start looking for lenders now. Thanks, @Adam Martin!

Post: Can I refinance an investment property?

Account ClosedPosted
  • Posts 15
  • Votes 3

Thanks, @Alex Olson! Great news and useful information.

Post: Can I refinance an investment property?

Account ClosedPosted
  • Posts 15
  • Votes 3

I bought an investment property almost 2 years ago and I am considering refinancing due to the super-low rates and an increase in my credit score. The goal is to reduce my monthly payment so I get better cashflow. On the mortgage serving firm's website, it says that only primary residence can be refinanced. Is that true for all lending firms?

Post: Will this new backslash type increase the value of my home?

Account ClosedPosted
  • Posts 15
  • Votes 3

I found this new backsplash video and wondering if it is worth removing my subway tiles and replacing it with this one. Also, does someone know how much pr SF?



https://www.youtube.com/watch?v=plsMCLnIBdI




https://www.youtube.com/watch?v=plsMCLnIBdI