I have started going down the road to do a DSCR cash out refi on a duplex (BRRR) I purchased last year with my HELOC, but not that far yet. I know rates have dropped a decent amount in the last week or 2, but based on...
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Hey, so about 2 weeks ago I was contacted by a company, Village Capital, who said they wanted to help me by refinancing my current FHA mortgage down to a lower interest rate. They said they could offer me this because...
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Is there a typical cost to refinance an investment mortgage? Would be refinancing a property that I currently owe 146k on and is worth around 200k so it will be 20%+ equity 30 year note.
Thanks
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I would love to hear everyone's thoughts on this. Are you getting accepted offers with conventional and Hard Money loans. We are getting beat out by ALL CASH OFFERS on Properties between $150k and $200k. These prop...
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Hey everyone! So we are this close to putting in an offer on a up/down duplex in West St. Paul, but it definitely needs some work. We want to do BRRRR to get us moving, and we have to use our 18,800 from a HELOC for p...
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I'm selling a condo and HOA is asking $800 for an escrow package. Seams a bit excessive. What do you guys think?
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I am curious what anyone else doing a similar refinance is seeing as far as terms. We are refinancing a duplex in Austin that has both sides rented, totaling $2650/mo. Our credit is slightly above 800. Current mort...
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Hi I am looking at a home in a flooded area that is selling for asking price 150k (can probably go a tad lower) tax appraised value was around 300kish ( I know since it has been flooded the value is more like 80% of ...
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Would like to know how many of you buy down your interest rate when financing an investment? Month to month it makes cash flow "look" larger if interest is lower. But have to pay at closing ... esp with a refi, dont h...
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We used a company to appeal for our small apartment in Houston (Harris County) this year. The result just came out. The initial assessed value was $890k and the final $820k. According to the bill they sent us, they've...