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14 November 2024 | 10 replies
This can be a great way to concentrate your equity in order to be able to make a later cash out refinance as powerful as possible.
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11 November 2024 | 14 replies
A resolution might involve a refinance or buyout agreement to remove her from the mortgage, aligning ownership and liability.This post does not create a CPA-Client relationship.
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8 November 2024 | 10 replies
When you do the refinance you pay them both off assuming you added at least 120% of your removal costs in value.
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13 November 2024 | 15 replies
#2 also applies for refinances
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9 November 2024 | 10 replies
If you are comfortable renting it, then I would avoid the extension and start the refinance process before your maturity date.
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9 November 2024 | 3 replies
That’s why I wanted to use the equity and then only owe the $153k to lower the payment and refinance later.
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11 November 2024 | 11 replies
A HELOC or cash-out refinance would let you access funds for the down payment on a new property without needing to sell or relocate.
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9 November 2024 | 1 reply
If you purchase the house cash without handling these issues then you will have the same issue to deal with later when you want to refinance or sell and title insurance is needed. 4.
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9 November 2024 | 5 replies
The duplex with storage building is ideal for a Buy, Rehab, Rent, Refinance, Repeat (BRRR) strategy, but requires accurate renovation budgets and tenant management.
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15 November 2024 | 32 replies
One of my clients recently purchased a 4/2 single family house that was positive cash flowing, hit the 1% rule, and was able to execute a full cash out refinance so it was a clean BRRRR!