
17 September 2024 | 0 replies
This was a conventional loan then refinanced to a 15 year conventional

17 September 2024 | 8 replies
So you should at least see if the cost of refinancing makes sense for you.

16 September 2024 | 1 reply
I would wait until I do the refinancing to quit my job, and for the next refinincing I would use DSCR loans.Has anyone done that or is doing that?

20 September 2024 | 12 replies
The BRRRR strategy recycles cash quickly and builds a portfolio by buying, rehabming, renting, refinancing, and repeating properties.

16 September 2024 | 4 replies
The purchase was $375,000 and the rest was used for renovations.My cost bases in the building will be around $740,000.I refinanced the building with a $900,000 loan.I have an offer on the building of $1,400,000Total capital gains would be about $660,000So, my question is after selling the property (for easy math) lets say I walk away with $500,000 after paying off the bank loan.

18 September 2024 | 13 replies
Further, at $3 million the borrower probably could have refinanced and paid off Peerstreet, but nobody was interested in making a new $5 million loan.

20 September 2024 | 36 replies
Bought the 3 unit for 95k in 2019, renovated and refinanced end of 2019 and pulled 80% of cash out.

17 September 2024 | 2 replies
With the expectation of entering a rate-cutting cycle, there’s potential for more favorable refinancing options as rates decrease.- Valuation Improvement: Allowing time for property valuations to improve as interest rates drop.Budget ConsiderationsIt's crucial to budget adequately to navigate projects to a safe point, typically requiring an 18-24 month budget.

20 September 2024 | 114 replies
Others I re-financed to get cash.

16 September 2024 | 5 replies
Can someone explain how using the Heloc to purchase the property with cash, then rehabbing it, then renting it out and then refinancing the home would benefit them in this scenario?