
26 August 2024 | 9 replies
The thing is, our mortgage is at about 2.8%, and I don't have to tell you how much higher it would be if we refinanced to get the mortgage in her name alone.

26 August 2024 | 3 replies
If the property will be a value add and purchased with a rehab loan that will later be refinanced, or paid off via a flip, a HELOC could be a good option for you.

27 August 2024 | 2 replies
The purpose of this test is to ensure that the property generates enough rental income to cover the property's mortgage payment, including principal, interest, taxes, insurance, and homeowners association dues (if applicable).Key Points of the FHA Self-Sufficiency Test:Applicable Properties: The self-sufficiency test applies only to 3- or 4-unit properties being purchased or refinanced with an FHA loan.

27 August 2024 | 10 replies
When buying a house or refinancing, you will have closing costs.

27 August 2024 | 12 replies
While most private lenders typically have seasoning requirements ranging from 6 months to a year for refinancing, even with a DSCR loan, there are some lenders who don’t have any seasoning requirements at all.It’s definitely worth exploring your options if you’re looking to access your cash sooner.

26 August 2024 | 34 replies
I used to dream about refinancing at only 6 or 6.5%.

26 August 2024 | 25 replies
I, personally, have a owner-financing loan on a property I recently bought that I plan to refinancing once the rates are lower and to get better cashflow just on that.You mentioned that you are considering Destin West.

24 August 2024 | 9 replies
It may be worth taking out a cash-out rehab loan then refinancing it afterwards into a DSCR.

23 August 2024 | 9 replies
@Michael Opper You could look at refinancing some of your properties like @Jackson Ebersole is saying.

23 August 2024 | 9 replies
Current home value: $523,000Amount owe: $263,000Equity: $259,000Interest rate/loan: 2.25%/30 yearobviously refinancing would be a hit with that interest rate, considering either selling or HELOC and investing into multi fam via house hacking.