Chris Purcell
Cash Out Refinance Experiences
I know quite a few people who have bought houses, rehabbed, rented, then refinanced, cashed out and did it again Does anybody have positive or negative experiences doing this?I'm looking to buy houses cheap ($5k-$10) ...
Richard Mann
Convential Loan After Rehab
Scenario: Hard money loan on a buy and hold property. Rehab and then refinance at 70% of the appraised value.
Will the average bank loan 70% of the appraised value without any money down on the refinance?
...
Dean Savarino
Vacation Rentals
Has anyone had success with purchasing vacation rentals on the gulf in Florida? I'm looking to purchase multiple condos on the Gulf in Florida. These units have a onsite management and they market the property for y...
Ryan Keenan
Personal line of credit and creative finance
Hello BP, is there any problems with taking a personal line of credit out and seasoning it in your bank account for a few months then using it for a down payment and rehab?
Example : I take 50k out on a personal line...
Emily R.
Refinance at appraised value at closing ~$100k
I have a cash deal under contract that I'm looking to refinance at appraised value rather than acquisition price right at closing. It will probably appraise for around $100k. It will be titled in an LLC. Can someone r...
Sarah Stapp
Best cash out refinance lenders?
Hello, RE friends! Wanted to see if anyone has insight into the best long term cash out refinance programs right now? Best rate? Highest LTV? Lowest fees? I’m refinancing 2 BRRRR rehabs in Illinois. Thanks!!
Mark Yuschak
Flipping in this market
I have located a desperate seller who is offering me a great deal on her property. The house needs some repairs, but I only plan on doing the essentials to make it sell quickly (repair a leaky basement, paint the ent...
Ryan Lee
Investment Property Cashout Refi - Fannie Mae/Conventional Loan
Hi,
I'm thinking of doing Investment Property conventional Refi.
I had my current loan for about a month, and previous loan for about 2 months. I did refi on these.
Is the requirement now to hold the current loan f...
Raj Vardhan
Cash out Refi
Hello,
I am new to the entire refi process and looking for some direction here:
I purchased a foreclosed property 2 months ago using hard money and close to finishing the renovation. Since i put 20% down, i am hopin...
Jeremy Resmer
Lenders for Rental BRRR
Anyone know of good lenders that do cash-out refi's on rentals after 6 month seasoning for an LLC based only on cash flow and LTVs? Lendingone is an option. Any other good ones?Located in Nashville.