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All Forum Posts by: Justin Tippens

Justin Tippens has started 8 posts and replied 31 times.

Post: Refinance with existing mortgage

Justin TippensPosted
  • Rental Property Investor
  • Hollywood, Fl
  • Posts 32
  • Votes 3

Who do you recommend? 

Post: Refinance with existing mortgage

Justin TippensPosted
  • Rental Property Investor
  • Hollywood, Fl
  • Posts 32
  • Votes 3

@Matt Pastier

Right,

That is going to be the problem. I am a Fire LT here in south Florida but my primary residence mortgage is right at the debt/income limit. My income is stable and decent but factoring in another payment on investment might put me over the top with income-to-debt.

Post: Refinance with existing mortgage

Justin TippensPosted
  • Rental Property Investor
  • Hollywood, Fl
  • Posts 32
  • Votes 3

@Matt Pastier

Exactly.

Thanks.

I’ve read over and over and learned all I can. But never much about being able to refinance an investment property out of the hard money or similar loan with an existing mortgage on my primary residence.

Post: Refinance with existing mortgage

Justin TippensPosted
  • Rental Property Investor
  • Hollywood, Fl
  • Posts 32
  • Votes 3

Hello,

   Will it be difficult to refinance out of a hard money or bridge loan for investment property once small Reno and rental is put in place on property if I already have a pretty hefty mortgage on my primary residence home? 

Post: Make offer to Owner or Agent...?

Justin TippensPosted
  • Rental Property Investor
  • Hollywood, Fl
  • Posts 32
  • Votes 3

@Al Fernandez

Very Good idea! Thank you! I like that.

Post: Make offer to Owner or Agent...?

Justin TippensPosted
  • Rental Property Investor
  • Hollywood, Fl
  • Posts 32
  • Votes 3

will do. thank you

Post: Make offer to Owner or Agent...?

Justin TippensPosted
  • Rental Property Investor
  • Hollywood, Fl
  • Posts 32
  • Votes 3

Exploring a possible rental property that is listed on MLS and all the websites. Looks like a deal. Absentee owner. Should I make an offer to owner independently or go through the agent?

Post: Possible to wholesale a property from Invitation Homes?

Justin TippensPosted
  • Rental Property Investor
  • Hollywood, Fl
  • Posts 32
  • Votes 3

Birddogging my neighborhood earlier and found a distressed, abandoned looking property that, after looking up, is owned by Invitation Homes. It looks neglected and abandoned.

Would anybody attempt a wholesale deal from this? Is wholesaling an already Investment owned property possible?

Post: Visiting Chattanooga soon

Justin TippensPosted
  • Rental Property Investor
  • Hollywood, Fl
  • Posts 32
  • Votes 3

I’m not in Chattanooga but have family in that area and myself am looking to invest in the Chatt. area as well. Let me know how your due diligence goes....

Post: Out of area investment..inspect or no?

Justin TippensPosted
  • Rental Property Investor
  • Hollywood, Fl
  • Posts 32
  • Votes 3

Thanks everybody! Will do.