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Hello All,My wife and I's first home has appreciated significantly since purchasing 4 years ago and we would like to use our equity to accomplish 3 things.1) Remove PMI - This is an FHA loan with PMI for lifetime of l...
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Four years ago I purchased my first rental using conventional financing. Purchase price was $30,000 so the downpayment was $6,000. Wednesday December 18th I refinanced my portfolio for $400,000 which gave me $85,000 o...
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Can you refinance rental properties through a conventional loan, after originally taking out a portfolio loan?
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Hi all, just purchased my first rental property here in Atlanta. I am working on finding a good tenant right now and wanted to start exploring refinancing options and strategies. I own the house free and clear and wan...
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Hey Guys, need a little help. Im in the refinancing part of my Brrrr but what im running into with a couple banks and credit unions is because my property is now a investment they wont let me refinance because its no ...
Hoping to get some advice/answers. Trying to figure out if cash flowing positive vs making money "on paper" is better.
I have 3 rentals currently, but the first property we put up as a rental was our first home. ...
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Hello,
I am looking for a lender where I can refinance 6 rental properties (2 condos and 4 2 family homes) in NJ. The purpose of the refi is to remove them from my personal name and move them into LLCs.
Any suggest...
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Hello BP community
I recently purchased my 1st Brrrr project in Indianapolis.
I have Bought it outright , finishing rehab. 95% of my liquid is in the house.
So I am having a hard time finding a lender with my limit...
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We currently have a 20 unit apartment building under contract in Norfolk, VA. We're going to refinance out in ~3 years. Does anyone know how a bank comes up with the value of the building? Is it the same as when you'r...
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Do anyone know any hard money lenders that lend in the city of Detroit & also don’t do a personal income verification. I have 3bed 2bath I’m looking refinance 75-80% of equity out of it.