You don't need to know everything to get started; you need a foundation to build on and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.

You’d have to refinance to a different type of loan. 3.

The only thing, you'll need to refinance later to get rid of the insurance premium because of the lower downpayment.

Was able to BRRR with very little money left in the deal after refinance, Found renters and now have a cash flowing rental with a decent chunk of equity available.

Hello-New to hard money but not to rentals, I own 5 doors that I have funded myself but want to keep some reserves so looking into hard money for my next deal and will refinance into a conventional loan to keep the property.Are these typical hard money terms or is this too much?

I purchased the property with an FHA loan at 5.25% rate but plan to refinance once rates drop (if they ever drop lol).

The old adage is that you "marry the property, but date the rate" meaning that you can refinance down the road to lower the rate if the opportunity arises.

I talked to a mortgage loan officer and they say my best option is to cash out refinance, in order to pay back my family member.

And or course, short term loan for HELOC and then refinance later.

Can the principal balance be satisfied with income from the property or will a refinance be required?