Noey Santiago
Refinancing a Rural Property
Hello Everyone. I have been trying to refinance a rural property for a month now. The original lender changed guidelines to where they no longer refinance Rural Properties. Anyone know of a Lender who is currently off...
Griffin Dalrymple
Commercial RE Equity
Thx in advance for your thoughts / ideas. I have a SMLLC that owns 2 commercial office units. Both units have leverage from different banks. The details - Unit A value of $1.65M / mtg of $400K @ 3.25% (balloon in 6...
Wes Rice
Turn Rental into Primary Residence for the HELOC?
To avoid the potential of wasting more time in trying to figure this out all on my own I am humbly requesting help. I'm currently planning to move into my rental property in June/July 2021 in order to do some renovat...
Julia France
Fixed mortgage of 5/1 7/1 arm
I'm about to purchase my first investment property/vacation home. I have been offered a 5/1 arm at 4.875%, 7/1 arm at 5%, or fixed rate at 6.75%. Would it be a bad idea to go for the 5/1 arm at 4.875%? Does refinancin...
Lokesh W.
Disadvantages of Reducing the City Assessment?
Good Morning,
My properties’ city assessments (Milwaukee, WI) are increasing and I guess this will be followed by an increase in tax. This includes my primary residence. I don’t plan on selling them anytime...
La'Terrius Campbell
FHA Re-Finance Question
Question guys! If you got a FHA 203k loan with 3.5% down and made repairs to the property and increased the value, (I know you have to reside in a FHA for a year)could you refinance it to a conventional loan then move...
Shiv A.
Refinancing Requirements - Full Appraisal
All - we are getting two of our investment properties refinanced, and the mortgage company has offered us an attractive rate as part of their investors program. However, one of the requirements of this program is a "f...
Charles Moore
For a BRRRR, which HELOC type is better: interest-only or P + I?
Hey, all,I'm pursuing a BRRRR strategy for a property using a HELOC from my primary residence. I will be refinancing it after the 6-month seasoning period. The credit union I chose offers both an interest-only HELOC...
Lawson Nesbitt
Refinance money out of brrrr deals question
I've read that by using the brrrr strategy you can acquire around 2 properties per month using this strategy but how is this possible if your using the same money and you have to wait for 6-12 months to refinance your...
Jerry Cima
What sort of arrangement do you have with your lenders?
Just wanted to see what sort of agreements were typical between an investor & their private lender? I know each situation is different, but i want to be able to present different options to investors. I'm looking ...