BP K.
First Deal- Build and Rent
16 July 2021 | 0 replies
Current market value of home: 150,000Current principal balance: 100,000 Are we losing some equity by doing a Cash-Out refinance vs just selling the home?
Kyler Smith
Newbie here! Can I BRRR my first investment?
16 July 2021 | 1 reply
How do I cash-out refinance a mobile home I just bought?
Brianne H.
Someone local to manage a long distance BRRRR - does that exist?
19 July 2021 | 14 replies
We do it for our clients all the time.But an OOS investor should be careful as there are so many ways they can get taken advantage of:1) Buying the wrong property, wrong location, etc2) Being overcharged because there's no transparency on actual costs and budget3) Shoddy work because no pics/video are supplied4) Crappy tenants are placed that destroy the rennovationsNone of the above are discovered until an owner goes to refinance the property or sell it.What should an investor do to protect themselves?
Jorge Cajamarca
Refinance and repairs
19 July 2021 | 2 replies
If I am in the middle of a brrrr and spend 15k on 2 new boilers and 2 new heaters how much will I be able to recoup in the refinance ( estimated)?
Jordan Jaramillo
Purchase investment cash then redo on property?
20 July 2021 | 9 replies
I've also spoken with a few lenders recently that say conventional refinances are taking longer at the moment so you need to consider that as well.2) whats the opportunity cost going to be if you go all cash?
Eddie L.
SFR mortgage of deceased parent
19 July 2021 | 7 replies
Do we continue paying her mortgage or refinance the property?
Jason L.
Let Forbearance Modification Wreck My Credit to Save Me Tons?
17 July 2021 | 1 reply
I'm considering if perhaps it's worth it to decline the modification, and then instead look to refinance my primary as well.
Randall D Cheney
recapture expenses from sales proceeds before 1031 exchange
19 July 2021 | 3 replies
Complete a full 1031 exchange and then refinance your new purchase and use the refi proceeds to pay yourself back.
Randall D Cheney
recapture expenses from sales proceeds before 1031 exchange
17 July 2021 | 2 replies
Not seeing this as a good option at all.But what you could do is to complete your purchase of the new property and then immediately refinance it and take the cash and pay yourselves back.
Arjan Manwani
Hard money for equity?
6 December 2021 | 8 replies
Then a bank was able to refinance that property out of the hard loan into a long-term loan.This deal closed 24 November.