Michael Plaks
Refinanced interest - is it tax-deductible?
This post is meant for my accounting colleagues - an invitation to debate, basically.Let's consider scenarios.1. (clear) You buy a rental with a $100k loan. Two years later, you refi into a new $100k loan with better ...
Bryan Johnson
BRRRR CASH OUT REFINANCING CRITICAL STEPS
HELLO EVERYBODY IM AT A STAND STILL HOPING SOMEBODY CAN GIVE ME SOME ADVICE ,CANT SEEM TO FIND THE RIGHT ANSWERS ANYWHERE.IM A BEGINNER AT REALESTATE INVESTING AND PLAN TO MOVE FORWARD SOON WITH PURCHASING PROPERTIES ...
Justin Verrillo
Refinancing, hemlock to aquire first deal
I am in the process of educating myself in the “real estate investing game”. However I am a home owner in Laurel, MD and have been for almost two years now. I took out an FHA loan and I’m at 4.5% interest. My mortgage...
Kole Kingslien
Refinancing out of a Land Contract
Hi Everyone,I have a question about current deal I am working on. I am buying a property on Land Contract, and am buying it with equity. My plan is to buy the property on Land Contract, and then refinance out as soon ...
Denise Thomas
Lending/Refinancing from personal to LLC
Hello- apologies in advance if this question has been asked several times but I’m very new to this. Are there any lenders who will refi property from me personally into my LLC? My goal is to remove the existing mortg...
Rod Borges
Refinancing Loan From Hard Money Lender
Hello there,I'm looking for any suggestions from someone who's a lender or someone who can recommend me one lender in Massachusetts for a refinance.I currently have a loan w/ a private lender and now I need to refinan...
Deborah Du Plessis
Mobile Home Park Financing or Refinancing
I'm curious what fellow Park owners are paying in interest rates for their loans, have you refinanced lately, and how helpful or ridiculous your experiences with lenders have been.
Boris Peyzner
Refinancing Small Multi Number 7 Problems
Hello all, I need some advice. I am in the process of refinancing my 7th property which is a 2-family home. Two lenders I have used in the past have told me that you need a credit score of at least 720 due to fannie...
Ryan Moore
LTV for refinancing 4-unit MF
Pretty soon I'll be looking to refi my 4-unit MF, which will allow me to pull out almost all the money I have put into the property. I've only spoken with a few lenders, but so far I've only been quoted either a 70% ...
Chanh Tran
Cash out refinancing 1st investment property
Hi all,I bought my 1st investment house 6 months ago in New Jersey. My plan for it is BRRR, it is finished and ready to rent now, but i need to cash out refinance it ASAP. I bought house with cash $45k and use $18k in...