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I have 4 properties currently that are owned outright and am trying to figure out how to refinance out of them. The properties are located in North Carolina with estimated values being $100k (property 1) and estimatin...
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Hey guys! Question for lenders out there - if a buyer is entering into a master lease option with a balloon payment at 5 years, would they be able to refinance out of the option to pay off the seller for the "loan"? W...
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Hey BP,
This will be my first time refinancing. I bought my SFR 2/1 rental in September for 79k and I'm hoping to refinance in March / April. I wanted to do what I call a "hybrid BRRRR" and basically get as much of ...
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HI, I've got a 2 unit property. It's actually a single family house with a detached garage and an apartment above the garage. I've owned it for a little more than 4 years. I bought it for 202,000 and it appraised for ...
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Can a person representative refinance a property in the name of a deceased to create some income eventually to settle the estate?The aim is to avoid liquidating any real estate to pay estate taxes, small debts etcThan...
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Hi AllWould anyone be able to advise me on whether or not the construction of a house affects the refinancing options? For example, are you able to refinance a brick and mortar house at a better deal (Higher % of ARV,...
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Hello all BP friends,
I am a newbie investor and have a question regarding the refinance portion of BRRRR. After completing the first 3 steps, what are the general criteria the banks are looking for to allow you to re...
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Hello BPers,I am trying to find the right place to ask this question, so I apologize if this is the wrong forum. I am stuck trying to understand the mechanics in the Refinance portion of "BRRR" method. I understand th...
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Hello BPers,I am trying to find the right place to ask this question, so I apologize if this is the wrong forum. I am stuck trying to understand the mechanics in the Refinance portion of "BRRR" method. I understand th...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/79466/small_1621415479-avatar-erbeard.jpg?twic=v1/output=image&v=2)
Back in May 2015, I purchased a property all cash, rehabbed it, and rented it out. I am now looking to pull my cash out of the property to rinse and repeat. There are a few gotchas as to why the refinance has been a h...