Thomas C.
Financing for First Rental Property?
19 May 2021 | 3 replies
I've been told by plenty of people just to wait until I'm a few years older and I have more savings, but I am really wanting to get started as soon as humanly possible.Ideally, I am looking at private financing to purchase the property and then eventually refinance the property since I know the interest rates will be higher and I would like to pull some cash out to possibly fund another deal.
Matt Magill
BRRRR An Existing Property I Already Own??
18 May 2021 | 1 reply
Why would you pay off the rest of the loan instead of doing a cash out refinance?
Denise Grez
First 4 plex in Loveland, Colorado
20 May 2021 | 5 replies
We live in one unit and working on renovating to increase our appraisal for a cash out refinance to fund the next deal!
Ethan Aurellano
What does Refinance mean in the BRRRR Strategy
19 May 2021 | 1 reply
In the context of BRRRR refinance means pull out all or most or some of money you invested into the deal so you can go onto the next step, repeat.
Paul O'Connor
Cash Out Refinance Nightmare, Help Me Make Sense of It
8 June 2021 | 45 replies
It took talking to several mortgage brokers to even find someone who could help me get refinances.
Denise Grez
Highest apprasial for the lowest price
19 May 2021 | 3 replies
We want to renovate the units ourselves to get a cash out refinance.
Didier Bizimungu
Transitioning From Hard Money to Conventional
19 May 2021 | 5 replies
Also, make sure you make your payments on time and make them trackable (Venmo or check are fine, but NO CASH) so you don't blow your refinance; especially if the renovation or stabilization of the property goes long and you run into a situation where there's a balloon or you're in default.
Crystal McVay
Need Help with Financing
20 May 2021 | 2 replies
I personally would spend an afternoon and reach out to different local lenders (banks and credit unions) and see what they will offer for a HELOC or possibly refinance the existing loan if your rate is high.
Alexandro Paredes
Cash out refinance
20 May 2021 | 4 replies
What advice can you give me on funding through a cash out refinance versus a heloc.
Corey Block
New property development
19 May 2021 | 1 reply
I have a 36 month period of time that I have to wait to refinance the property or pay a penalty.