Frederick Peregrino
VA cash out Refi from Conventional loan
Please advice on plans to do VA cash out refi out of Conventional loan. Plan to use cash towards future property investments. Potential my equity has increased to about $100K. Please advice if this is actually possibl...
Tara L Morris
Offer Terms For Distressed Property Using HML
Happy Day! I was hoping to get some advice on submitting an offer on a distressed home needing a full rehab using a HML. I walked through the property but did not get an inspection of the foundation, well, septic et...
Phillip Vaughan
Financing plan for a vacation rental
Hello, looking for some input. We are planning to purchase a vacation rental within the next year which we will also use ourselves from time to time to get away. I would like to run through my financial plan to find t...
Randy Odegaard
Banks that provide LTV on Non-Recourse Loans
Does anyone have experience with or know of banks that offer reasonable rates, terms and LTV for a cash out Refi on a SFR rental property in the Birmingham Al area? We are retired, out of state investors, high credit ...
Jimmy Francois
Private lenders is there a 90%
Is there any lenders out there lending 80% to 100% funding on projects 250k and down? Or I am dreaming can somebody explain this to me.
Mark Neiger
cash out refi on a vacation rental
I have a vacation rental that I purchased and rehabbed with a loan from a family member. The rental is performing beautifully and I would like to refi the home and pay back the borrowed money. I'm getting mostly no's ...
Nick Belsky
Do Private Lenders Do Something Like This?
Hi all!First time starting a post on BP and new to REI. I have been researching Private Lending options and resources to use for BRRRR, but am hitting a walk on grasping loan structures that are feasible to a PL. I r...
Paul D.
Cash Out Refinance Reno Before 6 Months
Okay,
I got my first deal lined up. I am going to cash purchase a home for 40K and put 15K into it in renovations. Comps show it should on the low end appraise for 67K high end 73K. However, I want to cash ou...
Matthew Ranucci
HELOC Versus Refinancing
Hello!
Has anyone used a HECOC to purchase investment properties? Really I would like to hear thoughts on using a HELOC vs simply refinancing. I currently own a rental property that I owe about 95k on and it could ap...
Rickey Davis
Brrrr strategy Rick D
Overall the Brrrr strategy creates another bill. How do you pay the interest on the refinance/heloc and the mortgage for new investment and still make cash flow?