Pete Perez
House Hack Refinance Question
I have a duplex in Renton WA. I am renting one unit out and living in while rehabbing the other. I am wondering if its possible to borrow equity in the property to finish the rehab?I owe $330k and ARV is $600k (based...
Terrence Bayly
Chicago Cash Out Refinance
I recently purchased a SFH in the South Chicago suburbs 1 month ago to BRRRR. I identified a lender at the beginning of the process who said they would be able to do a cash out refinance once the project was complete ...
John Tran
Refinance of rental properties
Hello BP Experts,
I have a quick question.
I want to pull out some equity from my 9 existing rentals. Each of them valued about 250K all paid off and cash flowing. First Carolina Bank of GA offer me a $750k LOC fo...
Tucker Kincaid
Refinance Primary Home Mortgage
Howdy BP,
I recently bought an off-market primary residence. I am rehabbing it right now and trying to learn about refinancing and possibly putting out added value post refinancing. Can this be done on a primary resi...
Brandi Scharrer
Brrr + STR "Refinance" Question
When using the Brrr method and it comes time to refinance do you have to show any rental history of the property being rented? Is that something the lenders take into consideration? If so, how much?Found a property th...
Ben Habig
Refinance - Personal to LLC
I currently own a rental property out right that I would like to refinance to get my cash back out of it for another purchase. I would like to put the property in an LLC when I do for liability reasons. However, my ...
James Toland
Potential Cash Out Refinance
Hello everyone,
I bought my first rental last year in Mesa AZ for 189,000 and since then its value has risen between 239k at the low end and 258k at the high end (still need to get an actual appraiser out there)...
John Soforic
1031 exchange, then refinance?
I am new to your site, but certainly not new to real estate. I have a quick question about a 1031 exchange...
When I buy the new property from the sale of another, can I then refinance the new property?
...
Isaiah Thelwell
Seasoning periods for Refinance?
Hello, i’ve been hearing different investors talk about a seasoning period when refinancing out of hard money during the BRRRR process. can anyone help me dive a little deeper on what this is/mean?
Adam Hays
BRRRR refinance down payment
I've been studying a lot about this strategy but haven't been able to find an answer to this question:
When undergoing the refinance step in the BRRRR strategy is there a 20% down payment requirement or is the equity...