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All - I have purchased my first SFR and and challenged by the refinance portion of the BRRRR with interest rates going up. One particular challenge is that Fannie May and Freddie Mac have a clause stating that you nee...
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I've lived in my primary home for 10+ years that has a great amount of equity and I'm considering doing a HELOC and turning my current primary home into a rental which will produce great monthly cash flow based on the...
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I recently purchased a SFH in the South Chicago suburbs 1 month ago to BRRRR. I identified a lender at the beginning of the process who said they would be able to do a cash out refinance once the project was complete ...
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Hey all,
I'm at the point where I'm missing out on deals because my funds are tied up. I think I can find someone to come in on a second position to front the down payment, but I'm also having issues with recouping m...
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We are nearing completion of our first rehab on what will be a rental property. We paid cash for the transaction and financed the reno with cash. Now, we need to cash-out so we can do it again! We are in Columbus, ...
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Has anyone successfully refinanced MTR property after 6 months - 1 year after placing it on the market?
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Hello, I purchased an STR for my first investment property for $725k and 20% down = $160kish after taxes at closingcosmetic fixes, repairs and and new appliances plus furniture $70K(I think this killed me a bit)house ...
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I am looking for a lender that can cash out refi a BRRRR deal without waiting 6 months for seasoning. Rehab is almost complete and should have a tenant in place by 3/1-3/15. Not looking for delayed financing. The proj...
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I'm honestly not sure how many R's go in there so I just keep hitting R till it looks good. A lot of people talk about taking out a Heloc after rehab to get their cash back out. Assuming I own a property free and clea...
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Hi all! This fall has been dead! I don't know what to do... we have 6 brand new, gorgeous townhomes we just built. They are in a private community, with grass, a gazebo, stainless steel appliances... needless to say, ...