Borrowers that purchased during the last 24 months, particularly with alternative mortgages such as DSCR loans at elevated rates could see worthwhile refinancing scenarios in the very near term just as any early payoff penalties are expiring. 

Mortgage purchase apps are at the lowest levels of the post 1995 era (Lambert).- Love high-speed rail AND Taylor Swift?

I would like to purchase short term rentals and be able to qualify as a real estate professional and deduct against by active income taxes.

For starters, a purchase at the original contract purchase price could have resulted in a big fat loss.

@Ramiro De Leon Congrats on taking the first step of saving up money and preparing yourself for your first purchase!

To determine the most suitable strategy for you, it would be beneficial to connect and discuss your situation in more detail within PM.

Purchase price: $100,000 Cash invested: $50,000 My partner and I are getting into our first fix and flip!

However, if you pay all cash, some lenders will allow you to do a cash out refinance based off of the purchase price immediately after closing with no seasoning requirements.

Here’s my situation:I purchased a 4-bedroom, 3-bath, 2,222 sqft home in 2020 for $415,000 for myself and my family.

Purchase price: $514,500 Cash invested: $125,000 Purchased a beach condo that will be used as a STR.