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Does anyone know of lenders that will lend 75% LTV and not 75% purchase price? My first investment was kind of an accidental BRRRR and I refinanced with Chase, but I had already owned the property for a year by the ti...
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I'm starting my first refinance. It's actually on my primary home which I never expected to do, but the market has skyrocketed so much that even worst case scenario I can rent it more than my new monthly payment woul...
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Hey, I have a coop that I own and it is considered an invest property. It had been rented out for the past 6 months and I have $100,000 left in my mortgage. The property appreciated in the 3 years I’ve owned it and it...
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What are the basics that I should know about cash out refinance? What is seasoning period? Is there a minimum amount requirement? And any other things I should consider. Thanks in advance.
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I feel Bay area real estate is starting to go down (15% correction from peak already ) . I have 200k equity built in my condo which I will lose on if i don't cash out now . However with the market conditions , don...
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Hi Everyone! I plan on purchasing a property for ~70k, putting 40-50k into it, and then refinancing after 6mo at 75% ARV of $165k after getting tenants in. I expect rent to sit around 160--1800 a month. I have save...
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What strategies are there to decrease fees associated with refinancing a loan on a value add property once you’ve increased NOI?
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What strategies are there to decrease fees associated with refinancing a loan on a value add property once you've increased NOI?
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Hi! I would like to BRRR my property but for some reason I can’t get my head around the numbers. Currently I have a commercial 5 year, 20yr amortization, 5.5% with a $140k balance. I want to BRRR into a 30 year fixed ...
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With the "BRRRR" I'm wanting to know down the line how would the refinance portion work. For example without being creative a single person can only have four mortgages Ive recently discovered that you can have 10 wit...