Hi BP community! After researching and talking to multiple lenders, I've narrowed my HELOC options down to my top 5. I'd love your help to figure out which one is the best one for me. I'm a bit confused as some lender...
I have a questionI have property I just acquired and renovated with a Fannie Mae loan. I’m looking to cash out refi, but I have to wait 12 months of seasoning before I can do that. Does that seasoning period apply if ...
Hello,My current house market value is ~$350,000 and paid off. My wife and I are interested in buying an investment property to rent. However, we don't have a sizable downpayment at the moment.Would it be worth refina...
I'm looking to access equity in one of my rental properties to make another rental purchase.As things stand now, I owe less than 50% of what it's worth with a 28 years left in a fixed rate 30-year loan.Here's where I ...
Hello,My team is looking to purchase our second investment property now that our fist property has gained significant equity.Our question is whether we should finance the second property by refinancing our current loa...
Hi,
My goal is to get another rental property with the proceeds. I have a rental property (town house) with equity 127,500(approximately).
I owned it for 4 years 11 months with interest rate 3.625.For Cash Out Refin...
Hi Everyone,A little about the property-- I recently purchased a house in Alaska and am renovating the basement while living in the top level. I'd like to eventually rent out the basement. It's zoned for multi-famil...
Short-term rentals have become a lucrative venture for many property owners, offering a flexible income stream. However, accessing traditional loans can be challenging, especially if personal credit history isn’t favo...
Hi everyone,I'm currently a new investor in St. Petersburg, FL. I bought a house last year for $287k that now appraises for over $400k. My current mortgage including taxes and insurance is $1429 a month. I house-hack ...
Hi,Does anyone have any experience with the FHLBANKNY Federal Home Loan Bank - New York rates and how to access?While I have experience with Residential and Investment property mortgages/loans, I have not done any Co...