All Forum Posts by: Jennifer Zhou

Go Austin! Go Tesla! 

Woohoo! Great job! Let me know if I can help with your future purchase.

Hi Tabitha - Happy to assist with financing.

I dont see any min requirement for the purchase mortgage.

Hey Brett - in general, your lender or mortgage broker will choose a reasonable escrow to work with for the loan process since they want to reduce the costs for the clients. Not sure what stage of your mortgage process? Assuming the beginning, this is estimated and the final figures are lower in my area.

Hi German - glad to hear from you. You are right, the rate for cash out is typically higher than standard refinance. We can discuss offline aboout your situation and see what the rate would be. I would do due diligence and see how would the cash out impact the next deals. I recently cash out my primary home and put into cash offer. Even the cash out rate is higher, but the overall mortgage rate is lower than the past few years, I would try to get more money out if your job is stable.

Mortgage rate hits all-time low

CA BP Investors - I am here to assist with your refinance/purchase in CA. Happy to hear your story and make your next deals happen! 

Hi Cathy -Welcome! Happy to assist if you need any financing assistance.

Thanks Jeff. My concern is is it a good timing to cash out and purchase rentals?

Background - owned properties in CA, one is primary home with mortgage and my parents live in another one (no mortgage and title is under my name). I am planning to cash out on parents' home to purchase next rental(s). While I am looking for the deals and not sure how much I can cash out from the house, but the current rate is very low and I dont want to miss the opportunity.

Any thoughts or comments on my strategy?