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Let me preface this post with this was our first deal ever and didn't really know what we were doing. My friend and I purchased a 750sf SFH during college in May 2007 at full price of 68,000, 100% financed at 6.375%....
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Hi everyone, thanks in advance for any advice on this one.I am trying to figure out the best way to finance a 4-plex. Here is the issue: The owner we are working with is approaching retirement and we estimate he woul...
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Hi All,
I'm looking to use equity from my primary residence to potentially buy a new primary residence and rent out the current place. I've been told by a lender that I can't refinance my current property as a PRIMA...
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Hi GuysI'm a newbie and I'm confused with regards to the BRRRR strategy. If I'm looking for financing, do I use hard money to purchase a home, complete rehabs etc and then refinance using the bank's loan and to pay ba...
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Hi everyone,
I purchased a property via 2nd lien foreclosure in Los Angeles County. I am going to be an owner occupant in this property. I am having trouble finding a lender who will allow me to cash out the differe...
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Hi All,I've been searching with no luck for a mortgage company/bank that works with investment properties in Fairfield County, CT. I don't qualify for conventional financing, and haven't had either of my rentals rente...
WHILE OWNING A FIRST RENTAL PROPERTY AND WANTING TO REFINANCE TO TAKE OUT EQUITY TO PURCHASE ANOTHER PROPERTY AND YOU DECIDE TO QUIT YOUR JOB [WHILE HAVING RENTAL INCOME COMING IN] WHAT IS THE CONSEQUENCE OF THIS? HOW...
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Hello all, I'm a new graduate and eager to begin my real estate endeavor but first I am considering how to handle my $120,000 student loan debt, which is currently financed through direct federal loans at 6.8%. I will...
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Hi there,I have a hypothetical question when it comes to investing with private money (i.e. investors, friends, family,...) without any of your private funds (or a small amount).Would it be possible/viable to buy prop...
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Who are the best lenders out there for re-financing investment properties?
I would like to take advantage of the current low rates, and would like to refinance a rental condo in FL.
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