Igor Messano
Cash Out Refinancing in PA
Hi everyone,Has anyone done any cash out refi's recently in PA or more specifically in Philadelphia? The few local lenders I've worked with in the past (not for refi's) are all requiring 12 month or rent seasoning wit...
Steve Rogers
Refinancing a hard money loan
Hi, I'm interested in taking out a hard money loan to fix up my house. I know that they have usually have interest rates around 15%. The reason I'm looking into this is because I won't qualify for a second mortgageM...
Mackal Smith
Refinancing woes in St Louis
I bought a duplex in need of rehab for 49K using my $63,000 line of credit. I paid cash from the LOC then painted, reworked kitchens and baths, turned the upstairs unit from 1 bedroom to 2 by adding a closet and closi...
Mike Smith
Need suggestsions re financing problem
My current strategy is to use my line of credit to buy and fix up properties. I then rent and cash out refinance and repeat. I understand I will be hitting a limit for traditional mortgages. Can anyone suggest private...
Jacob Ayers
Refinancing a duplex in Oklahoma
Hi BP Community, I'm looking to do my first refinance of a duplex. I bought the property off market, rehabbed it, and filled it. Now I'm ready to refinance. I have a couple questions:1. Are typical refinancing costs c...
Daniel Apke
Hard Money Loans vs Refinancing
Hi BP community. I currently own two rental properties and I am looking to buy a few more. I have the option to refinance one of my properties for cash or I can go through a hard money lender. My goal is to buy, renov...
Mitchell Morwood
BRRRR Question about the Refinancing
I am going to start my first BRRRR. I already have a couple properties and am following the 50% and 2% rule. If I'm in a house for $120 (after rehab) and can cash out and refi at 220, I get about 70k back but my pay...
Alan Siciliano
Refinancing with and cash out
Can anyone recommend how one can do a Refi and pull cash out of a property with out banks looking at debt to income and working strictly on NOI on the property, I have plenty of equity in a property and great cash flo...
James Allen
Mobile Home Park Refinancing help
I'm trying to refinance a 50 lot Mobile Home Park in order to make another purchase. I owe around $100,000 and the park has appraised in the past for $700,000 plus. I'm wanting to do a long term loan between 65-75% LT...
Nick Vought
Multi-Family Refinancing/Strategy Question
Hey everyone,I bought my first property a four-plex in March, and I am trying to figure out the best strategy for my next step and how to get ready for it when that oppurtunity comes. I got an FHA loan for the propert...