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Hello Everyone!I just received an appraisal back on a cash out refinance loan.The amount is 10k less than I would like. The property is a Frame 4 unit building. It’s been remodeled and brought up to neighborhood stan...
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Hello,My business partner and I are looking to do a cash-out refinancing on a couple multifamily buildings we have here in Albuquerque, NM. The values aren't high enough for Fannie and Freddie loans, and every portfol...
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Hello,
Does anyone know of a bank or credit union in Macon, Atlanta, or Columbus, Georgia that will do a cash out refinance in a business name for a single family property.
Thank you in advance.
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Hi,Just wanted to share my last transaction, in case it helps anyone. I bought a house in one of the older parts of town for $77K with a Conventional loan that required 5% down payment, with a mo thly pmt of $760.The ...
I’m trying to wrap my head around how a cash out refinance works. Scenario: We buy a property that would have market value of $300,000 if it were tenanted and cash flowing. We buy it for $220,000 with seller financing...
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I have 3 properties, just finished remodeling and ready to move into BRRRR. It seems very hard to pick the right lender for my cash out refinance. How do you do it? LTV, points, and interest I understand, but there ha...
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Im looking to get into multi-family, when it comes to Refinancing and pulling your money back out, Im curious to know if there is any seasoning time limit, or other limitations that may come with that being use...
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Hello, I recently purchased a rental property and put it under my LLC. It’s rented out and is cash flowing. Property also appraised at around $15-20k higher than the purchase price. It’s been 5 months since the closin...
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Hi all
Lot of lenders i spoke with needs 75% LTV for cashout refinance. Looking for lender referral who can do zero closing cost and 80% LTV or lesser for cash out refinance serving Austin area. If you know off any ...
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We have several SFR home that is rented and paid off. I need 35K in quick cash out refinance on one of our properties. What is the best source to gain quick cash to pull out of existing equity?Looking at Lima.com...C...