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I'm trying to navigate my way around the best option to finance my 1st income property. I'm looking to invest in small 2/1 or 3/1 single family houses in the lower income neighborhoods of the city where I live. They t...
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Hello everyone.My wife and I are currently in TN and we have our primary home in WA now turned into a rental. We’ve owned the home for about 3 years now and it’s currently being rented out. Below are some info;Origina...
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Hello,My name is Michael and my wife and I live in a suburb of Nashville, TN. We bought our primary residence in March of 2020 and have a current 30 year fixed mortgage of roughly 386,000 dollars at an interest rate o...
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I have just finished my 6 month seasoning period on my first rental. I have found only one place that will offer me a cash out refinance for a property in an LLC (arguments over whether I should have put the property ...
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Wondering if these cash out refinance terms on a primary residence are good or if I should keep shopping around. Here are the round numbers. Any input is very much appreciated! Remaining on current mortgage - 172kCurr...
I am refinancing my home with the existing bank that has my mortgage.
And over the summer we had a hell storm and we filed an insurance claim to have our roof replaced due to hail damage. Our insurance company appr...
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I am closing on a property that we went all cash to speed up the closing, with the idea of refinancing (taking out a loan) asap. I have read a few things that say 7-12 months is the seasoning period before we can do ...
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Do you need a preapproval letter to refinance a rental property? If I buy a property with Hard Money, then want to refinance with a Bank. Do I need to be preapproved, is there a chance I will be denied and stuck?
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Hey everyone. I have a second property that my parents live in so I am not making money on this house. I am looking to buy another long term rental property for wealth generation. I have enough equity to take out 150k...
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Hi all,
I have a mortgage on a property that we are renovating. The property is on a lake and it has 3 units. Unit 1 is rented, unit 2 is vacant. It is pretty run down and when the last tenant left we didn't re-r...