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23 September 2024 | 20 replies
So far, I've started using the BRRR strategy to look for more properties and am refinancing two of my rentals, but there have not been any issues with the fact that we live in an RV.I'm curious if any other investors out there have went with this approach to their own personal living situation.
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24 September 2024 | 27 replies
They had to do it, otherwise many banks and commercial customers are at the point of refinancing and the Government itself is at a strategic debt refinance point; thus, if they didn't lower rates, it would have been a catastrophe short term.
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20 September 2024 | 17 replies
After doing a lot of refinancing, I now have substantial liquid capital and am looking to start investing outside of Canada.I recently spoke to a fellow Canadian investor who suggested investing in the A and B+ areas of Ohio for cash flow.
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20 September 2024 | 7 replies
Once the project is complete and the property is stabilized, you can look into refinancing with a DSCR loan, which focuses on the property's cash flow rather than your personal income.
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16 September 2024 | 3 replies
I've been thinking about re-financing it ASAP.
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21 September 2024 | 69 replies
I’ve gotten in the habit of offering cash with few or no contingencies then refinancing after closing/ seasoning period.
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18 September 2024 | 6 replies
Hi,We are looking to refinance a small commercial multifamily building we have in Ohio out of a bridge loan that we used to renovate the building over the last couple of years. The loan amount would be between 900k -...
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19 September 2024 | 44 replies
I'm never a big fan of refinancing unless it is a significant rate change.
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21 September 2024 | 71 replies
Quote from @Matthew Crivelli: Buying a property, fixing it up, and refinancing at the higher value will never stop.
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19 September 2024 | 6 replies
Most DSCR Lenders will require the property to be rented for a refinance (or if used as an STR for example, have some STR history) You may be able to find an option for refinancing prior to leasing, but it will make it more challenging and will likely need a "good reason" more than just speed3.