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9 January 2022 | 10 replies
@David JacksonMy partners and I are working a cash out refinance right now and they are one of the companies that we got a quote from.
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19 July 2021 | 3 replies
Is LendSimpli a good company?
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12 July 2021 | 0 replies
I would then refinance after 6 months - year and pay her off.
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12 July 2021 | 3 replies
That is, will you provide them a return on their money and/or a percentage of the profit of a refinance or sale or rents.
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12 July 2021 | 0 replies
Before we get into that, let me define the difference between a sale and a refinance.Selling: Very simply, what happens in the event of selling the property if the investment performs well is that all investors get their invested capital back, and on top of that a portion of all the profits the property has made in appreciation over the years, depending on how the deal is structured.Refinance: During a refinance, the sponsor aims to return as much of the invested capital back to investors and then keep the property for a longer period of time.
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20 September 2021 | 8 replies
Maybe your bank is bigger but I've worked with the same guy a few times and had success with refinances.
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15 July 2021 | 2 replies
I am about to refinance some of my properties in Houston.
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13 July 2021 | 4 replies
Greetings,I am a new investor in South Carolina and I am looking to use the equity on my primary residence as Capital to fund my investments such as flipping or rehabbing or even short-term rental properties. It's no...
16 July 2021 | 2 replies
The suggestion of transferring the property to an Corp sounds like it wouldn't help in this situation.A lender will not give the ability for an officer of a corporation where he/she has no profit interest to take capital for lending purposes.If there is no mortgage, your brother can consider doing a cash-out refinance.
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13 July 2021 | 2 replies
Most of these loans are also only 6-12 months before you have to sell or refinance.