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I was wondering how cash out refinances work in relation to 1031 exchanges.In the 1031 exchange, you have 45 days to select 3 different options for the next property to buy. But as far as I can see, a cash out refina...
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Can I do a cash out refinance while having high debt to income ratio?
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Hello BP! Quick question, if I buy a duplex for $40,000 and put down $10,000 what will my cash out refinance be or if I choose to do a HELOC. Duplex appraised at $72,000. Thank you for all who reply..
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When doing a cash out refinance at 75% on a home valued at $150k, you would walk away with $112,500 in cash AND your new mortgage on the property is also $112,500? Is this correct? I want to make sure I am understand ...
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Hi there-
My brother and I purchased an investment property in April 2013 for $185K, and put down 25%. After closing, we transferred the property title to the LLC's name. The current mortgage is under my brot...
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I have a home market value 360k I owe 175k how can I access the equity? And how do I leverage that capital to reinvest into another property?
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I plan to buy a second home all cash, however, I wanted to refinance afterwards. My credit is great and I have no problem qualifying.1. I want a bank with no seasoning requirements.2. My current bank local bank sai...
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Investment Info:
Small multi-family (2-4 units) other investment.
Purchase price: $150,000
Cash invested: $150,000
I bought this place with cash using savings and personal loans. My plan is to cash o...
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I have a quick question that I have not be entirely sure on. When someone does a cash-out refinance, do they essentially get cash into their bank account from their equity? Or is it more like a line of credit? For Exa...