Joe Miller
Financing purchases
I am learning some things the hard way. Looking for some help. It seems that the local and online lenders I've spoken to do not do the following:
1. Loan <50K
2. Cash out refi<50K
3. Cash out refi > purc...
Bhanu P.
Can Buyer receive cash back@closing frm Buyer's agent in cashdeal
Can Buyer receive cash back @ closing from Buyer's agent in cash deal? - I am in a situation where I made a cash offer @ 156K with majority of the closing costs paid by seller (owners title and survey) & Buyer's a...
JJ Cole
Closing costs mess up Cash return.
I typically buy houses worth 110-140K for 65-80K (cash) and then spend 8-15K on rehab before renting the out for 1150-1250/month. When I cash out refi. I end up have to pay $4k in closing costs on a 80-90K loan. Is th...
Kenny Dahill
BRRR - Willing to sacrifice?
My first home I purchased in 2010 as a foreclosure. I renovated and had my roommates move-in with me. A few years later I decided to refi and was able to take a significant amount of equity. My first BRRR without real...
Dilini Sundaram
Conventional Loan OR refinance existing property?
Everywhere I look I see investors using the BRRRR model. I purchased properties in cash just to pilot my real estate endeavor with minimal risk, but now want to start leveraging the bank. Property I bought for 178 in ...
Michael Simolke
Am I over leveraged?
Hey guys and gals. I’m 24 just started investing in RE a year ago.
I have 4 properties.
1 is break even
1 has $300 cash flow
1 has $500 cash flow
1 is going through eviction
I have about $330,000 in debt. And $1...
Christian D.
Can Mortgage Brokers Dilute Their Commissions?????
I have a mortgage related question regarding a property I am currently in contract with and hopefully set to settle on in the next couple of weeks.I am purchasing a duplex under an FHA loan (5% down) with the expectat...
Dan Veld
Transferring money from us bank to Canadian
Hi, I am a Canadian with us rentals. I have money in a Bank of America account that I would like to bring to Canada. With the border closed i can’t cross and take money out to bring home. Is there a way to trans...
Gabriel Molina
Can I get a cash out refi.?
Hey everyone! If I buy a house for FHA 3.5% of 300k or 400k of 4 or 3 units and I live in one unit and rent the rest, I can get a cash out refinance to obtain that money and invest it in other properties of 100k givin...
Kirk Johnson
Cash out refinance | Investment Property
Hey everybody, So I just purchased and renovated my first rental property in cash. I am currently looking for a lender that will accept a cash out refi on an investment property, but my criteria is a little specific. ...