I am looking to cash out on 3 SFH in Detroit area. I recently purchased them cash and plan on holding for rental income. It seems like some lenders do not lend in Detroit market. Another hurdle is that each SFR is ...
When talking about the BRRRR strategy is the refinancing part essentially the same thing as a HELOC?New investor here , Just trying to clarify
is it posible to refinance properties under 50k. I know it's not real to find mortgages for that ammount. What about refinance ? Thank you
I found a Duplex that 3/2 on both sides in a great school area.... great deal. However it’s a Modular home. To get my money back to go buy another property, I was going to fix it, rent it, RefinanceIt and have heard t...
Hi, the last post I could find on this topic is from about 5 years ago, so here we go...We bought our first property on September, completed the rehab in October and our first tenant is moving in next Monday in a 12-m...
Hello to everyone, My name is Derek Schronk and I live in Hillsboro, Texas. Roughly 45 minutes south of DFW area. I am 41 years old, farm for a living with my family. Buy and hold for renting is what I am going for ri...
Hello everyone, I was hoping to get some specific answer involving refinancing for multi family units. I’m aware of the basic concept that a properties NOI determines the value of a commercial property as apposed to c...
We are looking for a resource to refi 5 single family rental properties in Richmond VA.
We are looking for reduced interest rates, not necessarily taking equity out.They do have plenty of equity though.
Also, am sel...
I have been getting told that a refinance of 70 is all that's offered. Is that true?
Hi all,Newbie here. Creating a written plan with some spreadsheets. The basic plan is to buy a duplex with 20% down (100k down for a 500k property). Annual cash flow around $2,500. After the property has appreciated a...