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Hi everyone. So I’m in the Philadelphia area can anyone recommend someone who does Cash out refinances with little to no seasoning requirements. Looking for around 80% LTV but I’ll settle for 75% Thanks in advance 😎
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I need some advice here on a refinance I am going through currently and to see if it could be a scam. I’m going through a broker whose number I received from the mail on a streamline refi letter. He has been very ea...
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Hello BP!Quick question on the "BRRRR" strategy, specifically the 3rd "R" - Refinance. My question is what exactly are you refinancing and what is the benefit? Are you just trying to get a better interest rate on the ...
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Let's say I find a deal and put 0 money in because I use a private money lender. The property is currently valued and selling for $750,000. The seller is motivated, and I purchase for $600,000 and add $30,000 in repai...
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If you have the option of these 2 loans. Which one do you take and why?Based on a 110k home the 20yr rate is at 4.99% with a loan amount of $88K the principal and interest payment would be $581. Closing costs would b...
Hello BP,I am looking to do a cash-out refinance on a property that I own free and clear which i estimate to be between 95k and 105k. I'm considering terms that I received from Zeus Mortgage. 30 year loan, 4.75% inter...
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I am in the final stages of my first real estate fix and flip project. I have a conventional mortgage note on the property, and to finance some of the construction so far, I have drawn out several personal loans. I ne...
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Looking to buy my next property within the next year. I have a Duplex that I purchased two years ago that I owe about $71,000 on and am thinking of refinancing it, I have done significant value add. Cash flow of $500-...
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Once a property is obtained how long do you have to wait to refinance or do you not have to wait?
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Looking to get into my first property. And i was just speaking to one of my mortgage guys at a bank. I asked a lot of questions trying to clarify exactly what i would be able to take out on the refinance.
So i showe...