Hello BP.Hoping someone can help me better understand the refinancing part of the BRRRR. I understand the basic idea of the system and its very appealing. I'm working on fixing up a triplex and am ready to get anoth...
Hi BP community. I currently have one apartment building that has appreciated materially. I am negotiating financing on a second property in the same market. The new lender is recommending refinancing the first proper...
Pub 527 States ’Expenses paid to obtain a mortgage. Certain expenses you pay to obtain a mortgage on your rental property can’t be deducted as interest. These expenses, which include mortgage commissions, abstract fee...
Hi BP Family,
I am having trouble refinancing a property that I own in Texas. The property is worth about 140k, I currently owe 65k on it. When I attempted to refinance it, I was told that it couldn’t be done.
Can ...
Does is make sense to refinance my first home and get a heloc on it to purchase the second home during this current climate?
We need to refinance our investment property for longer than 15 years.
Is it worth it to refinance a rental property to get a lower interest rate (3% down from 3.5%) and lower the years of payment (20 down from 25) despite the having to pay closing cost and possibly decreasing cashflow d...
Hi Everyone,Is it possible to refinance my duplex? it is not my primary residence.
Fellow Columbus investors, can you recommend a local bank you worked with for refinancing a property? also is it necessarily a good idea to do the process with the same lender that did the first mortgage? Thanks!
How do lenders structure a refinance for a portfolio of loans? I understand that there are ways to either bundle it all into one loan? But you could also refinance it loan to house for each single property. Would you ...