Make our first all cash purchase in Maryland and trying to calculate buyers closing cost. I have done some research but keep finding calculators only if using mortgages. Property is in Charles County. Thank you in ...
The cashflow is negative after the refinance so i realize the numbers would need to be renegotiated. Using the BRRRR rental calculator, I am trying to figure out what the cash out would be? The report is below. The...
Hello, I'm a newbie investor, who is interested in rental properties. I have a few questions.
1. Just to clarify something, Is cash-out refinance, possible only if there is a rise in your home price or if there is a ...
I wanted to add another question regarding BRRRR that I can't seem to find the answer to. I called 5 portfolio lenders and all of them say that there is 6-12 month seasoning requirement for re-finance to use After Re...
Listened to Podcast again 233 last week, with Arianne Lemire. I am interested to learn more about this strategy. Can someone explain to me in greater detail how this works? What are the requirements? Can it be done wi...
I am writing out my financing strategy as posted below. I am trying to understand the fundamental difference between Cash-Out Refi and Delayed Financing in Multifamily. I cannot seem to wrap my head around this!
Be...
I had a VA refinance set up, my VA appraisal for the LTV came in at 90% which is a problem. Now the company says it can't go through unless I bring the difference of about $11,000 extra cash to closing. But from what ...
Hi BP,I have property with built-up equity, and I was planning to sell and trade up (refinance doesn't work for me).The problem is, that I believe that the costs associated with trading a property are too high.Please ...
Hey all, trying to decide between these two options. Anyone have any advice?
The interest rate for cash out is 3.875% Principal and interest payment $1,833.92 loan amount $390,000 cash out to you approximately $40,...