Hi Haeden,You can do a cashout refinance of your current residence and use that as a downpayment on a new primary residence.

To get another VA my lender said I would need to refinance/sell a property to free up available entitlement.

rehab, rent, refinance What was the outcome?

@Greg ReeseI would consider doing a Refinance / HELOC as you would get access to the cash that you are looking for.HELOC / Refinance is not a taxable income and the cost of a refinance / heloc is much cheaper than selling the house.If you sell the house and purchase a new house, you lose about 15% in value10% on the sale(between seller commissions, title work, etc)5% on the purchase(loan processing fees, title work, etc)A sale is also a taxable event which can result in added taxes(Federal tax, depreciation recapture and state taxes)Best of luck

Hello . Does anybody know...Does finished basement adds value when applying for cashout refi? 1) does it add to overall house sf?2) if I add 2 bedrooms in finished basement do they count and add value?My basement 1000...

But I thought a known plan would be to refinance out of the FHA into a conventional loan after a few months or so??

been living in a home with my wife for over 25 years... wife past away in 2018 went into financial difficulty around 2005 when her illness was getting worse so we got a home modification loan in her name only... which...

HelloI’m trying to refinance one of my properties through a commercial lender.

By transferring ownership to my LLC do I need to refinance my mortgage?

After the purchase would you refinance asap into a 30yr fixed rate or just keep the original loan?