Chris Lawrence
Private Loan converted to a Conventional Mortgage
I have a hypothetical question: Say you purchase a duplex for 100k using private money and after repairs/maintenance (10k on top of 100k) over 2 years its worth 150k. Can you use that equity of 40k for closing costs?
Freddy Hernandez
HELOC to Fund Commercial Multi Family Apartment Purchase?
Hey guys,
A few years ago I bought a foreclosed triplex for about $150k. After extensive rehab work, I moved in to one of the units and rented out the other two. Soon after I began the process of a cash out-refinance...
Keri Mallozzi
Newbie investor here and would love some advice-TIA
I am currently looking into building a portfolio of condo units for retirement cash flow/passive income. I currently have 3 making a few hundred a unit. My question is I have good amount of money right now and can p...
Isaac B.
BRRRR with no cash flow vs Flipping
Hi all ,
I’d like some advice on my BRRRR strategy
Currently the properties that I’m BRRRR’ing , at the refinance stage give me back all of my investment and sometimes more than my investment.
However many of th...
Jaret Lara
Deferred taxes on a Creative Finance deal
Hi Everyone,
I'm looking for advice on deferred taxes on a possible hybrid creative finance deal I'm trying to put together on an off market property.
This is the current situation:
House is 250K ARV, built in 19...
David Doiron
Running the numbers - your opinions
So, as a learning process and in order to practice my deal analysis skill I'm scouting mls to see if I could find a deal on my own. After some time I've stumbled on this 8-plex which could be interesting. This is to b...
Ezra Soto
How do private lenders work?
Need some advice. I am in the middle of a cash out refi on my investment property to invest in a duplex. The problem I'm having is that the banks want 25% and that will take all my cash and I would like to keep some...
Nick G.
Cash out LTV on primary in NY
Hey Mortgage Pro's, What LTV are lenders offering now on a cash out refi for a primary owner occupied in NY? Specifically in Westchester county. Also what's the average seasoning time to refi?Thanks!
Rush Wall
Cash out ReFi Lender
I’m looking for a lender to provide cash out ReFi’s for rental properties in ATLANTA. I have a local bank that I have used, but now they are wanting the properties to season longer. I buy properties cash, get them ren...
Thomas Fortune
Avoid Seasoning in BRRR Strategy?
Working on a BRRR right now - paying cash for property and rehab, then plan to refi into a 30 yr fixed at 6 months (required seasoning period to do refinance based on new appraisal instead of purchase price). Had an i...