I currently have a condo in FL under contract using a 10% down payment JUMBO loan on a second home. The loan has a higher than normal interest rate.
Question is - how long do I have to wait to refinance the condo? A...
BLUF- I owe $119k on my first property and the value of the home is $178k. Currently, I have a reliable tenant in the house for almost 2 years. I am now interested in purchasing a second home but I don’t really know ...
First timer refinancing, is $2700 on closing cost no origination fee at 3.65% a fair deal?
When you refinance an investment property, is it better to pay the closing costs out of the cash back, or bundle the closing costs into the new mortgage?Thanks,Nick
We all crave finding a deal, In today's market, that results with a lower interest rate than traditional lending. There are multiple ways in order to offer a seller financed deal enticing terms to get them to back off...
Hi BP, I was fortunate enough to U/C for my first househack on Monday. It will actually be a live and flip with roomates paying my rent so best of both worlds! I've been shopping around with mortgage brokers to get th...
I am about to refinance and due to an increase in the value of the property can opt for a cash-out instead of a lower rate. Will that cash be taxed as capital gains? thanks.
I have a lock at 3.625% for four rentals that expires October 9th...
Rates are now down to 3.12% with the lender. The offered me a 2K concession for them which I took, but I'm wondering....what if I just delay this s...
I have a 4 family investment property that has a very high interest rate (7%+) that I have been trying to refinance for the last year or so. Straight refi for a lower rate (no cash out, etc). Given the lower rate envi...
Right now I have 30-year mortages with Chase and Bank of America, but as I look around for my next purchase I'm wondering about the online lenders that I see offered by lending websites and real estate websites that o...