Robert Dunbar
Refinancing an Adjustable rate Heloc
Hey Bp,I have an adjustable rate heloc that started out with a super low interest rate when we first got it. It’s now up to 9%. Is it possible to refinance it with a fixed rate loan of some sort? One with a lower rate...
Steve Barfknecht
Refinancing Property Held by LLC
I believe in the BURR strategy. However, when you acquire investment properties, would it be best to complete the initial acquisition in your personal name rather than the LLC if the plan is to refinance or attempt to...
Eric Dufault
VA Loan Multifamily later Refinancing
Hello Everyone,
I'm interested in utilizing my VA Loan or FHA Loan towards a mortgage on a multifamily home that I intend to occupy along with tenants. I have enough for 3.5% down payment for the FHA or to c...
Steve Salvini
Refinancing out of an FHA
I'm looking to refinance a duplex that I'm owner occupy out of an FHA loan into a convention loan with 85%LTV. Even at a higher rate my loan payback is less then with an FHA backed loan. If I do this and decide that ...
Dav Pohote
Refinancing based on interest rates
Today the Fed said they would debate having 3 rate cuts this year, which can add up to .75-1 basis point.
On the 15 yr fixed mortgage's I use, that comes out to about $250/month in interest payments, or $3,000/year....
Charles Kagahastian
Refinancing For A Down Payment
hello all, this is my first post and i'll try to make it matter. as any first-time poster this is going to be a question. the very popular method of using equity in one property as a down payment on another property. ...
Corey Davis
Quick question about re-financing
OK, I can't seem to use the search function today, or the answer is just too vague... Here's my dilemma: underpriced condo in rapidly progressing neighborhood of very desirable city. No rent cap, so no convention...
John Smith
No doc / stated income refinancing
Hi Guys, Could you please advise me on the following situation:
I have a property free and clear under the name of LLC. I would like to get some money out for another deal. Is there any type of stated income refinanci...
Shaun R.
Refinancing a new conventional mortgage
I'm just wondering if there is a general rule of thumb for the amount of time that has to go by before you can cash out refinance a conventional mortgage. I just closed on a property about a month ago and after some i...
Rene Montelongo
Refinancing rehab from hard money
Hello all, needing advise here. I am finishing up rehab on duplex and looking to refinance out of hard money. Both sides will be rented out. I am not getting the response from bankers that I expected. I am looking fo...