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13 November 2024 | 13 replies
BRRR - Start with a hard money loan for the initial purchase and rehab, then refinance into a 30Y loan once completed.
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13 November 2024 | 18 replies
I just completed a cash out refinance on the property but now the bank tells me that I am not able to put the property into an LLC.
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13 November 2024 | 4 replies
I’m getting ready to refinance an apartment building, I just completely renovated, out of the construction loan that’s currently on it.
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17 November 2024 | 33 replies
Look for loans with lower prepayment fees if you refinance or sell early.On an 8plex, a local / regional bank or credit union may have favorable terms with rates, term and fees.
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14 November 2024 | 0 replies
Working with local credit union to refinance at lower than market rates
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13 November 2024 | 12 replies
With our DSCR loan, there’s no seasoning period, so you can refinance as soon as the property's ready!
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18 November 2024 | 12 replies
You don't need to know everything to get started; you need a foundation to build on, and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.
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13 November 2024 | 1 reply
Hi all,I'm sure some have heard of the properties being built by Clifton Homes:Location: 9440 N Adrian AveThey are a fully vertically integrated operation (prop mgmt, construction, and financing).This is their deal:Cash in: $50K6-8 months later:One time refinance to put a long term mortgage on it at or around 75% which gets your $50k back + 16%.
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13 November 2024 | 3 replies
If it was originated recently an option would be to have them refinance it - but if it’s a low interest rate then they will most likely want to keep itWhat does your operating agreement say about this?
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14 November 2024 | 2 replies
I want to make sure I can pull most if not all the money out on a refinance.