Need feedback please. After the rehab is done on a property and the tenant moves in, I have gone back to my loan officer and refi using a HELOC. Is this the best method or just do a simple cash out refi ??? I don’t...
I'm researching various company options for HELOCs, and came across https://www.patchhomes.com/faqHere are a few highlights:We offer a debt free alternative to home equity loans and HELOCs. Our financing contracts ar...
Hello BP community,We are looking for a 30 yr fixed llc mortgage for a $70,000 duplex that we are purchasing. Any leads or suggestions would be greatly appreciated.We are located in Southern Illinois
Can anyone tell me which one of these loans is better for an apartment building? What are the key differences in terms compared to each other? Can someone also describe the process of obtaining either loans?Thanks!
I have some equity I want to pull out of my property using a HELOC for the down-payment of a buy-and-hold investment. Does your underwriting change when you use this strategy? How do you factor in the interest payment...
Hi All, So I am currently looking for my first investment property (BRRRR method) and was hoping to receive some recommendations and/or feedback. I am thinking of doing a cashout refi on my primary residence to pay-o...
A question to you BRRRR strategists?! Kind of...
So I'm coming up against in my area a lot of "deals" that require a cash buyer. I am more than qualified for a conventional finance and am pre approved & qualified...
I am looking for some advice on how to proceed with my current situation. Back story:I purchased my first and only investment property in 2017 using a 30 year conventional loan with I believe around a 5% fixed interes...
Hello Guys, I'm new to BP. I am thinking about taking out HELOC on my primary home to pay off my primary mortgage faster (I will be doing mortgage recast at the same time to lower my monthly payment). Please advise me...