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Hello guys!!!Question for lenders,What are the requirements to refinance a rental property? I only owe $30k on it and would like to refinance for a better interest rate as my credit is perfect now and was not when I f...
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If you haven’t read part 1 of our real estate journey, stop reading and read part 1 where you’ll learn how we bought our first building for the price of a used car. It was around the end of September when Scott at Bi...
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Investment Info:
Single-family residence buy & hold investment in Houston.
Purchase price: $110,000
Bought the house of the MLS. The house needed around 30k worth of work and it appraised for 212k af...
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Investment Info:
Large multi-family (5+ units) commercial investment investment in Alvarado.
Purchase price: $1,050,000
Cash invested: $250,000
Acquired this 15-unit property in 2021 for $1,050,000, ...
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Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $650,000
Cash invested: $225,000
We purchased a 32 unit apartment complex just outside the down town a...
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My commercial division mortgage advisor at my credit union tells me that after the 5 year period on my balloon loan they will ask for new financials, and we can refinance my balloon loan with no refinancing fees atta...
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Hi all,
I've been learning alot about investment properties over the past year or two. I'm currently waiting for a seller to sign my offer on a duplex. I'll be purchasing in cash and then refinancing out ASAP. I pla...
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Has anyone here remodeled a house they intended to live in then immediately refinanced it to get back some or all of the remodeling costs?
Some context: My wife and I are currently house hacking mulitfamily in Tacoma...
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Hello BP community,
I am close to finishing the rehab on my first rental property and looking to refinance soon. Does anyone have any good DSCR lender recommendations? The property is located in Houston.
A lender t...
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Good morning,Does anyone have any recommendations for lenders in North Carolina that offer 75% LTV or better of the appraised value for an investment property? Thanks!