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30 June 2021 | 7 replies
If you can find a good deal you could do hard money to purchase then refinance afterwards with a commercial mortgage/portfolio loan if you find a lender that will lend on the deal as opposed to income based.
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31 May 2021 | 11 replies
@Eliza Alexa I would not sell the property, I’d get cash out with a home equity loan or mortgage refinance, dollar-cost-average or buy dips in crypto, use your crypto as collateral on another loan and buy another unit - continue to expand your RE portfolio
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31 May 2021 | 5 replies
Can I do a cash out refinance a year later to pay off my HELOC and just rinse and repeat if I wanted to.
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3 June 2021 | 41 replies
The refinance R is difficult with a VA loan due to the extreme LTV, so do not rely on being able to extract that sweat equity but realize it is there regardless FHA loans have sustainability requirements for triplex and quads that prevents them from being purchased via FHA loan.
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7 June 2021 | 23 replies
First on the chopping block is/was naturally cash out refinances on rental properties.But some lenders were at 4% or 5%, room to absorb what others don't have capacity to do.
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1 June 2021 | 9 replies
It'll be hard to refinance in 17 days.
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15 June 2021 | 7 replies
I was wondering if you can refinance a property you purchased from a quick claim deed after you pay off all the creditors on the title?
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31 May 2021 | 0 replies
I'll have about $50K in cash to work with and some potential for more with short term loans.Goal: Acquire at least 1 more rental at next duty location.Option 1: Use an FHA loan, put 3.5% down, flip over the course of a year (while waiting for the 1 year mark to be legal to move out and rent), potentially refinance after increased home value?
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2 June 2021 | 3 replies
Then, before the rate adjusts to the index plus the margin at the end of the initial period, you refinance to a fixed-rate mortgage of 5%.
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31 May 2021 | 2 replies
What I would like to do is to have money up front to use to purchase and rehab and then refinance and pay my investors off (plus interest).