I have 3 investment properties with existing mortgage notes.
1 at 4.375%- 17K unpaid principal-(Original 10 yr. note principle=    $48,000
1 at 5.75%-     66K unpaid principle (Original 30 yr. note principle=  $67,5...

If I use a HELOC on my primary residence (in California) to purchase a turn key long term rental out of state (example Charleston ,SC), and I put the min %25 down, how would I be able to refinance to pull the money ou...

I'm a new investor looking to acquire 2-4 flats in Chicago's northwest neighborhoods.  I'm looking for value add properties in which I can adopt the BRRRR method and try to pull as much of my initial investment out of...

Hello BP,On a BRRRR when refinancing, do you just go through a normal bank and ask for a conventional loan or do you go to a commercial bank? What if you cannot get a 30 year fixed? Would you still do the BRRRR with a...

I found a 3br 1000 sq ft home with garage that an investor would sell rent to own for $75,000. No repairs are needed. The seller is asking for 3 or 5% down with monthly payments of $700 and he would finance the prop...

What are the pros and cons to pulling out a line of credit on a building versus refinancing? Wouldn't refinancing be more beneficial since you can individually pocket some of the funds tax free? I am aware that refina...

I'm hunting for a local bank to refinance the balance I have on my HELOC and 401K that I used to purchase my 1st rental property and renovate it. The estimated market value is $165K and I have $130K outstanding betwee...

I just put an offer in on my first BRRRR property and want to get my refinancing ducks in a row when I'm finished with the renovations. I am looking for small private banks in the Largo/Clearwater, Florida area that w...

Hi BP!I am looking into a deal for which the ARV is less than $100k, I am estimating $55k to $65k based on MLS comps. I am looking to implement the BRRR strategy so buy it cash and refinance once its rehabbed and rent...

Hi all,

I've been reading about investors offering cash for a better chance of getting their offer accepted and after they have the property they will process their cash out refinancing. I know that gift money can no...