I have a client right now who I am helping to get financing to re-finance a six unit property that needs extensive work at 0% occupancy.
Step #1 We calculated the pay off amount.
Step #3 We estimated the rehab costs...

I’ve got a buyer prepared to purchase this property. He has 30k for down payment, needs the other 60k lent to him. His plan is to live in it for 2 years, make some upgrades, then sell for a profit. The problem is we h...

I had the appraiser at my home today as part of the refinance from 4.375% to 3.0%. He said a ton of people are refinancing right now. I asked the question if valuations are heading downhill yet, he said not that he wa...

I would like to rent out my current house that I am living in this coming spring. I have owned the house for 4 years. I owe 168,000 on it and I had it appraised this summer for 205,000. My questions are:Should I refin...

Hi All,I have a couple of properties free and clear that I would like to do a cash out refinance on.  The problem is that I did a "Short Pay" similar to a Short Sale but no deed transfer, and as a result I can qualify...

We are planning to purchase a foreclosed 4-plex with hard money because it needs about $30k worth of repairs. When the work is finished, we want to finance it into a permanent loan and get cash out to move onto anothe...

Good afternoon, 
I want to do a cash out refi for one of my rental properties. I have two loan options to select from (30 year fixed and a 10/1 arm). 30 year fixed has an interest rate of 7.875% with a 54321 payment ...

Hello everyone. I'm sure this question has been asked before, so I apologize. I just purchased my first rental property on Dec. 29th. In order to do this, I took out a HELOC on my primary residence. My plan is to appl...

I'm looking at purchasing an 1100 sq ft house on 1 acre of land in a city currently being revitalized.  The current zoning would allow me to build an additional home on this property.
I plan to rent both homes, the c...

We are all in the same boat. I have been sitting on a great rental for 2 years waiting to refinance. Has anyone found a way to refinance and get cash out for a rate better than 7%?