Question on how cash out refinance works and any risks involved? brought a house for cash,updated /paint, floor, landscape etc rented it for couple months - is it good to go for cash out refinance ? or try after 6 mon...

Hello everyone,I had a question regarding refinancing homes. I generally understand how a cash out refi works (using my numbers of 240k purchase with FHA 3.5% vs 280k ARV), I can take up to normally 80% LTV out of the...

Cash out Refinancing or HELOC when buying a home that I will be living in?

Hi all,With the Coronavirus reaction pushing the Fed’s interest rate to 0% I’m looking at refinancing our existing USAA VA home loan into a 30 year conventional. Anyone have any experience with doing this?

Greetings everybody,
I had started my refinancing of a 3 flat that I own about 2 weeks ago. Unfortunately I work in the restaurant industry in Chicago which means, as of today, I have been placed on furlough by my re...

Hey guys, Extremely newbie here trying to better understand the brrr process.. What happens when i refinance and the property is worth more than my mortgage?

I have been getting refi quotes, and it seems like this week is a good one to refi. Trying to decide whether to lock in today, or wait until next week. I'm trying to do my research and many articles say that the rates...

Good morning BP,I'm currently trying to Refinance my home and the lender is letting me know that I can get a lower interest rate than 3.5% but my closing cost are going to be about 2K more. They said it will drop to a...

I’m on the refinancing stage on my rental property that I purchased in Detroit Michigan and I don’t know of any banks or companies that are willing to refinance first rental property????

hello everyone,
3 years ago i took a $153,000 mortgage for 4.5% interest rate which was bought by one of the big banks about a year later.
now that same bank is offering me to refinance my mortgage for 3.5% and $220...