Ashutosh Gupta
What's the best way to return money to the investors
11 August 2021 | 2 replies
My preferred exit is always a cash-out refinance.
Matt Cecil
What to do….Starting over.
1 August 2021 | 15 replies
A good one should let you buy, fix, refinance, repeat, and recycle your 150k.
Pat Ryan
Shopping around for loans - best practices
26 July 2021 | 2 replies
Hi everyone,
I'm currently shopping for loans for a multifamily househack. Looking at both FHA and low down conventional.
I first went to my local credit union and the best they could do was approve me for 5% down c...
Dylan Bergum
Different ideas for property income streams besides rent
27 July 2021 | 4 replies
In terms of the car storage idea, as a mortgage broker I would raise at least one red flag to consider: if you ever want to refinance and you have a bunch of cars onsite, regardless of whatever the local zoning permits, that plus the somewhat obvious commercial operating business onsite will be a hard pass from most lenders.
Nancy Stark
Quit Claim Deed cost me $1100. Is that right?
26 July 2021 | 2 replies
I purchased the property (for $100k cash) in my name and then quit to my LLC at refinance but was charged $1100 for the deed and doc stamps.
Valerie Post
North Dakota Commerical Loan Downpayment--25%?!
26 July 2021 | 5 replies
In 4 years your gonna wanna refinance and pull money out for the next rental property anyway.
Elijah Williamson
What do you look for in a partnership on long term rentals?
15 January 2022 | 4 replies
In my experience outside of real estate the best returns in a profession come from seeking excellence and the chance to learn and refine a practice.
Matthew Tuley
Question for lenders
4 August 2021 | 6 replies
Matthew,If you are going to refinance the home the bank would need to use both you and your Fiance in order to split the mortgage for DTI calculations.
Sadierose Saucier
Student loans into mortgage?
28 July 2021 | 14 replies
It's called "debt reshuffling" or student loan cash-out refinance.
Daniel Devin Jewell
HELP! Should I pay 15k to maybe get access to 100k?
2 August 2021 | 9 replies
for the past three years I've been building other people's deals been saving a bankroll but as everybody knows it's kinda hard to save so I need to make moves.When you get down to it my debt to income ratio is high.My thought is to refinance my house.