Scott Gillis
Questions regarding cash-out refinancing
Question #1: Say I had a property that was valued at $400k, the mortgage balance remaining was $270k and so with the 80:20 LTV requirements, I could pull out $50k (80% x $400k = $320k….$320k-$270k = $50k). If I were ...
Colin Spivey
Refinancing on a BRRRR property
I am 18 years old and am looking at buying my first investment property this summer. I am looking at doing the BRRRR method. I have the private money lender and the general contractor handled, but due to me being 18, ...
Jameson Gowin
Refinancing Property in Dallas, Texas
Trying to better understand the refinance process. By refinancing current loan to pull out equity, “owe 85k, valued around 140k” am I refinancing up to 75% of the available equity or the appraised value..? If I pull t...
Mengzhu Rolff
Commercial real estate refinancing question
Hi guys, I'm a newbie for commercial real estate investment,I have a question about refinancing the property. I didn't have much money to buy this commercial apartment building, so I used HELOC as down payment to boug...
Nicolas Ake
Sub 2-Refinancing and HELOC?
Hello, I am looking to receive a home from a family member. I believe it would be considered buying subject to/assuming their mortgage. There is about $40,000 left on the mortage. There's about $40,000 in equity but t...
Mike Teri
Investment Property Refinancing - Lender Recommendations?
Hi BP, my partner and I are looking to refinance on a 2-family investment property and are seeing a huge variation in available products with regard to available LTV, mortgage terms, interest rates, origination fees/p...
Eric Langridge
Refinancing out of hard money
Hello all. I don't get on here as often as I should. However, I am in need of some help/advice. Who is your go to company/broker to refinance out of hard money and into a conventional mortgage in greater Austin area? ...
Chelsea Fitzgerald
Cash Out Refinancing in Kansas
I am looking to BRRR my first investment property, So I am looking for a good lender and any advice you may have as far as what to ask a lender and things to look for. Thanks in advance!
Steven Cobb
The Refinancing Step of BRRRR
David Green mentioned in Podcast 327 that he started doing 1-2 BRRRR’s each month. That sounds like he’s pulling his money out each month. How did he refinance that soon? I thought you had to wait a while before you c...
Darrick S.
Home Loan Refinancing in Michigan
Hello, I'm considering refinancing on a home that I will be purchasing. From your experience, can anyone tell me what's the average home loan seasoning period in Michigan before one can refinance?Thank you