Han Oo
Refinancing to conentional loan with BRRRR
25 March 2017 | 6 replies
@Han Oo you are correct, conventional lenders will not lend to an LLC...but you can quit claim the property back into your personal name for the re-fi...just make sure that your lender does not require the property to be held in your personal name for any set period prior to re-fi (i.e. 6 months)...this will kill the re-fi....so make sure your lender is secured and clear up front.And remember that re-fi's are not guaranteed...make sure you personal financial picture is good, and that the value of the property is firm...
Chris Jordon
Purchasing Second Porperty
20 March 2017 | 2 replies
Option A: Do a cash out re-fi and pull out the available equity (80%), rent the property, and use the available cash to finance the next.
Matt J.
People Who've Successfully Escaped the Rat Race, Please Post Here
21 April 2017 | 27 replies
If you want to go deep into FI then check out this sub-reddit.
David Rutledge
Existing rental properties count as debt or income for new loan?
3 April 2017 | 17 replies
I do cash out re-fi's when equity builds up (it faster to build with a 25 year amortization), and re-invest it.
Brandon Halley
Cash out refinance solutions
30 March 2017 | 10 replies
And (2) you can not get a HELOC if you did a cash out re-fi on the last re-fi of the home.
Kevin Dee
California Rent Control Issues for Landlords & Buyers
24 March 2017 | 6 replies
@Kevin Dee California is anti landlord and they are now contemplating this--http://www.latimes.com/business/la-fi-costa-hawkins-repeal-20170314-story.html
Robert Niessen
My first deal
16 November 2016 | 8 replies
Then a small charge for the re- fi at the current rate after 10 yrs. my lender requires 25% down.
Jeff Bonner
VA Loan to IRRRL
9 December 2020 | 7 replies
I'm curious because I get sketchy letters in the mail all the time to RE-FI with a company I never heard of.
Gary Arora
Re Fi
13 January 2017 | 1 reply
Hi I own a SFH in Kissimmee, FL since March 2016,under an LLC. I bought it all caah. It has been tenant occupied since May 2016. I want to take out cash to buy more properties. Kindly help
Joseph Holston
Brand New Upstate Investor
4 April 2017 | 1 reply
I currently live in Anderson, SC. I