Jordan Gay
Minimum Loan Amount For Cash Out Refi
Does anyone know of a lender that will loan around $65k? I am trying to do a cash out refinance on a SFH that has an ARV of around $90k. 75% of the ARV is $67,500 and most lenders I have seen will not do a loan for le...
Kelton Brunt
"And or Assigns" contracts
Write your postI am an investor in Texas and would like to know if lenders would accept a sales contract that has the language "And or Assigns". Does this language in the sales contract fall under the category "title ...
Matt Willis
Air bnb niagara falls
Hi everyone,
interested in setting up propeties as Airbnb rentals in niagara fallsON? I see potential but im having a hard time accounting for vacancy rates. obviously summer time is busy, but my concern is if the ...
Michael Tng
How soon can i cash out refinance after Loan and buy a house
I needed to buy a house for $500 and they required cash. I had 300k so I did a private loan of $200k at 8% rate. It is been 2 month since I bought this house. I talked to my mortgage agent today and She said since I r...
Brian Williams
Deal Analysis
Hello I am a rookie and I would like some feedback on my first deal.
I just signed the sale contract this morning but I haven't closed yet.
3 BR 2 BA 1,500 Sq.Ft
Purchase Price: 73,900
Appraised Value: 110,000
Ren...
Mckinley Baggett
Cash out refinance options
I am currently rehabbing an REO property that I paid cash for. Once it is finished, I am going to keep it as a rental property. Obviously I want to get my money back out of the property so that I can invest it in more...
Joel Owens
Anyone own vacation homes and rent them out??
I am not talking about small condo's but actual single family houses in the mountains or on the water etc.?? I would like to hear condo experiences as well but just not thinking of buying one of those.I watch the show...
Jim C.
Which is Better? Short Term or Long Term for SWFL House??
Interested in hearing from others regarding the returns on a Short Term (Vacation) rental vs. a long term rental. I just purchased a SFR in Bonita Springs / Naples (SWFL) area and am contemplating whether to rent it a...
Lisa Loesel
MTR as a strategy to max out earnings on your STR
Took a deep dive into analyzing my STRs this year. November marks the beginning of our slow season for the STR market in our area & I started noticing that even though I had to lower my prices to keep occupancy at...
Noah Li
Owner Occupied BRRRR Refinancing
I am looking to purchase a home via a wholesaler with cash. If I were to rehab it, could I refinance with a conventional owner occupied mortgage at the ARV in order to pull out my original capital? Furthermore, is the...