Aaron Dearth
100% purchase/rehab loan success
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $170,000
Cash invested: $42,000
Our Second Deal, Single family property with unfinished basement that needed a new ...
Noah McPherson
The banks "seasoning" period
Good morning BP,
I was reading this article Felipe Mejia posted about BRRRR for beginners, and it said this about the seasoning period.
Is this typically true? I've never done a BRRRR, but from what I understoo...
Joshua A Blake
Turning my primary residence into a rental
I am about to refinance my primary residence with the intention of pulling out $80,000 in equity to purchase rental properties. We already have an agreed offer on a home for $30,900 cash and we intend to put about $1...
Scott Bartlett
My Strategy... Thoughts or Advice?
I just closed on a cash out refi, using the equity in my first rental property (no debt attached to this parcel).And now as a result, I've got two more properties under contract and should be closing on them with in t...
Richard Villandry
School Loans are KILLING ME! Any Advice?
Hello,My big goal is to get into REI at some point (sooner than later). Before i do this i want to get all my personal finances in order. I'm currently 27 yrs old and have around 70k in school loans ranging from 4% -1...
Maxwell Kaplan
Refinancing out equity
I've heard and read multiple sources talking about refinancing loans when their equity goes up and pulling out cash. In Massachusetts, this seems relevant with properties growing in value at 3-5% year over year. When ...
Mikael Winkler
Refinance After Purchase and Renovation?
Hello all,I have a question regarding refinancing. More specifically, how quickly can you refinance after a purchase if you add value through a rehab? I've seen from many sources that lenders generally don't want to r...
Taelonn Harper
Who do you use to Refi out of Hard Money
I've always had the mindset that it didn't really matter who I refinanced by BRRRR properties with because interest rates would be pretty universal. As I get ready to refi my latest purchase. I am curious, do you thi...
Karen Pendergast
Lender suggestions for HELOC on rental property
Does anyone have any bank/lender recommendations for setting up a HELOC on an investment property (in NC)? Thanks in advance for any suggestions.
Marco Solis
HELOC VS Cash Out Refinance
I am new to the real estate investing field and am seeking advise between choosing a HELOC/Cash Out refinance loan for funding.My primary home is paid off and valued at approximately 600k. I am looking to get a loan f...