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28 October 2024 | 6 replies
I'd recommend getting tenants into the property before refinancing regardless though.
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27 October 2024 | 5 replies
If you find out what their dreams are, perhaps refinancing can align with those dreams if you position it the right way?
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29 October 2024 | 24 replies
Refinancing out of the FHA loan and then taking out a new FHA loan when you are done won't be cheap and you may be refinancing into a higher interest rate.
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26 October 2024 | 5 replies
We have a flip that we completed and like so much that we are considering moving into it for a personal residence and refinancing it to a primary.
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29 October 2024 | 23 replies
I'm also in Canada where our mortgages are a bit different, so refinancing isn't quite as 'easy' as it is in the US.
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28 October 2024 | 6 replies
This made sense when I could lower my interest rate and still cashflow on the investment property I refinanced.
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25 October 2024 | 2 replies
Back then, BRRRR worked because we could predict future outcomes with some certainty—what a property’s value would be post-rehab and how the refinancing terms would look in 6-12 months.
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28 October 2024 | 7 replies
I also don't want refinancing risk, so any deals with only 3 to 5 year debt are out for me.
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27 October 2024 | 8 replies
Since I am not buying a distressed house, I couldn't pull my equity out by refinancing.
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28 October 2024 | 17 replies
Since we're speaking CA, what do you guys think of the idea of purchasing a home in the 600s and then adding a detached ADU to rent both units out and refinancing?