Chris Isaacson
AITD and refinance
I have a contract on a house that is a major fixer. I am buying the other rehabber(seller) out as it is a bigger project than he anticipated. I am going to purchase for $180k and do a wrap with the existing seller and...
Tom Smith
My First Refinance
I bought a duplex as my first home with 5% down! My wife and I live in the top unit and we rent out the bottom unit. Thanks to appreciation we reached 80% LTV in less then 2 years! (without making additional payment...
Joshua Fabian
Refinance Cosigner Question
Greetings!I plan to help my mother refinance her mortgage to take someone out of the title leaving her as the only title owner. She cannot refinance by herself because her income does not satisfy the necessary debt to...
Lucia Lilac
Brrrr Refinance Question?
Hello BP! Quick question? I found a property I want to Brrrr, my bank I usually work with sells the loan, I know this is to free up credit lines and allows lenders to pass out money to other borrowers. My question is ...
Christian Fregoso
FHA Streamline Refinance?
Just received a letter from my mortgage bank that my current FHA loan is eligible for an FHA Streamline Program. Did some research on this since it was new to me and it seems like an option that I’m willing to take. C...
Michel Benchimol
Cash Offer / Refinance
Hey guys !I am currently looking at a property(sf) right now going for 750k the house was build 1931 on CBS and has a new roof . Although the property has a good bone it needs a big renovation (100k-200k) . The comps ...
Jorge Cajamarca
Refinance and repairs
Hello all,Quick question ? If I am in the middle of a brrrr and spend 15k on 2 new boilers and 2 new heaters how much will I be able to recoup in the refinance ( estimated)?
Ralph Ace
Cashout refinance loan
I have a condo that appraised at $130k.I have a loan for 85k.My equity 45k.Can I get any cashout on small equity minus the closing costs?
Rikard Lorén
Refinance, Multifamily apartments
When buying a property and the exit is to refinance over and over, what is the best balance to have when it comes to cashflow and using the NOI to improve the property to grab more money at the refinance ?And does the...
Amy Zhang
Refinance rental property
Hi I have a rental that I don't have much equity in it. Interest rate is high 4.7% 7/1 ARM. I would like to refinance the property to get interest rate around 3.5% 30 years fixed rate. I will have to put in approx $15...