Lenza M.
Need Bank for Owner Occupied Multifamily Cash Out Refinance
I own and live in a duplex (with a non-conforming third unit) in Seattle. I'm looking to do a jumbo cash out refinance using an ARM product with at least a 75% LTV, and need a good lender recommendation.So far the bes...
Jordan L.
If you are not a Realtor, how do you list your property?
I know they are Real Estate Sales Agents and then there are Realtors, I would like to know if you are a Real Estate Sales Agent how do you get your house listed on the MLS, what do you do to list? I am a Realtor bu...
Account Closed
Which loan terms for a refi
First time refi'ng. Owe 760k on current loan. Refinancing for 1.3mm. 16 unit residential These are the terms offered by Lender......3+3+3+3+3+3+3+3+3+3 ARM, 30yr Amortization- 3.625% 5+5+5+5+5+5 ARM, 30yr Amortizatio...
Jodi-Ann Birch
Subject To assistance needed
Good day,
I am relatively new to REI and I have a potential subject to deal I am looking at in Cleveland Suburbs and could use some help. The loan payoff is $47,000.00 with 14k past due. The rental potential and are...
Mark S.
Freddie Mac Investor Loan
I posted this in another section of the forums, but I'm not sure if it was the right place, so I'm posting it here again:
I spoke with local bank today, and after offering me a 3/3 ARM with 15% down to which...
Ryan Bandaccari
Buy out equity position of SDIRA via refi?
Hi all,I have a unique question on SDIRAs that I haven't yet found an answer to. Hypothetically, let's say that I make an all-cash offer on a property using 50% SDIRA funds and 50% cash. I do some work on the property...
Anna Milligan
How to finance our BRRRR?
I’d love some input on financing options.We bought our first BRRR using cash and we are ready to do a cash-out refi.I’ve talked to one bank who has given us two options.Option one is a 75% LTV, 30yr fixed, 4.75% and w...
Wesley Myers
STR loan options in these times?
We have a contract on our 2nd STR. Current approval from one bank is 30/yr at 6% with 20% down. Is this the norm these days with excellent credit? What about borrowing against a 401k or borrowing against our current S...
David J.
How are people getting more than 10 loans?
I find that fannie and freddie cap you at 10 loans. To get 20 homes using BRRRR there needs to be many refinance loans. How is this happening? How are folks getting around reserve funds for the next loan? Are private ...
Nicole Clemens
Need advice on exit strategy
Hi guys, Thank you so much in advance for anyone who takes the time to read and respond!In 2009, without knowing anything at all about real estate, I bought my first investment property with a partner (a good friend) ...