I currently own a property in Wetumpka, AL. Should I re-finance and keep, or sale, to get a better property.Original mortgage $142k @ 4.75%Current value $145k-$155k------CURRENT------Current mortgage $129k : $930 / mo...

I'm a newbie, in the middle of my first Brrrr deal. For depreciation calculation for tax savings on the rental income, what is the number that is used?Is it based off of the appraisal by the refinance?Or is it the mon...

Hi All,I've done several significant improvements to my primary residence over the last 3-4 years paid in credit/cash. If I do a cash-out refinance on the primary to pay myself back for these improvements, would inter...

Just completed a DSCR cash-out refinance for a borrower of a single-family short-term rental property.Loan Amount: $402,500Rate: 4.875% ( with 2 point buy-down)70% LTV30 Year Fixed, Lite Doc Program

Investment Info:

Single-family residence buy & hold investment in Dallas.

Purchase price: $138,000

Cash invested: $30,000

buy n hold in Texas

What made you interested in investing in thi...

Hi BP,Can you cash out refinance a 25k property ?Thanks.

I purchased my first rental property 2 years ago.  In the beginning it was an owner occupied home as I lived in the first unit and rented the second.  Per the terms of the FHA loan I lived at the property for 1 year. ...

Hello,

I have a lease with purchase option on a house that now has an addItIonal 20% equity from the agreed upon purchase price. Does anyone know a mortgage company that allows the equity to be used as part/all of th...

I am in the middle of a purchase for a two family property, definite add value with the addition of one bedroom to both units. My plan is to do the work, make the sqft improvements and cash out refinance 6 months dow...

Where are you?  A lender that will do a long term mortgage to purchase a property for holding as a rental, but needs rehab?  Looking for a loan which includes purchase price and rehab, like a fix-n-flip loan, but want...