If you move your expectations to keeping some money in, but refinancing out as much as you can then you'll be set up to not be let down from the jump.

The others are either still paying as agreed, the notes were sold, and two have refinanced out.

You're better off opting for an interest-only mortgage, saving on payments, and then refinancing it into something more conventional when interest rates drop—or, if possible, making a plan to pay down the principal.Interest-only loans, which typically last for the first 5 to 10 years of the loan term, offer two key benefits.

If a seller refinanced a house at around 220k and has about 120k left in mortgage, but the house also appreciated to 450k, how do I structure a subto/seller finance deal?

Have any of you ever heard of an Engagement Fee for refinancing?

I helped with the rehab of a triplex in Cicero, north of Syracuse, and the investor refinanced at an ARV of 250k (in 2020).

Here’s how I’m currently thinking about it:The interest rate on my existing property is 3.5%, so I’d like to maintain that rate rather than refinancing the entire loan.

Cash out refi only if the rental income significantly exceeds the monthly payment and you want liquidity to invest elsewhere.2.You can maybe do a HELOC if you want a smaller loan that doesn’t involve refinancing the entire house.3.

If your paying cash to buy and rehab then refinancing I get that.. but your still paying for two closing costs.

It seems a traditional sale gobbles up half of it in closing costs.We refinanced early last year, and another refi would cost ~$5k, plus w/ the LTV, I don't think the numbers work out just right.Too bad we were too naive to even consider those offers when they were handed to us.