Chris Risi
Refi in Los Angeles- to Cash out or not?
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,...
Anthony Arredondo
Should I go all in with my cash, HELOC, and investor?
I have two properties in Louisiana, but I've just relocated back to my home state of Virginia. I really want to build up a rental portfolio, and I've got about $50K cash, should have a HELOC for ~$80K soon, and also ...
Alyssa Teepen
Cash out refinance clarification
I recently took out a HELOC on my primary mortgage and have used this to purchase a home for 32,000 with rehab cost of 150,000 and ARV of 220k. The goal, initially, was to sell this property, however we would really l...
Devon Craychee
Cash offer and Refinancing after
Hey!I am looking to pick up a property that was under contract as a two year lease to own. The current tenant will not be able to purchase the house by the required date and can not sell the contract. If he can not ...
Clayton Laing
Closing Costs on Mobile Homes
Hi all,First time ever posting on here, so hopefully this question doesn't seem too dumb or obvious. I'm currently in talks with a motivated seller looking to sell their mobile home (in a park, not attached to land) w...
William S.
Andrew Holmes 2-5-7 BRRRR Strategy
I recently heard a podcast going over the 2-5-7 strategy.2 years5 homes (B/B+ neighborhoods using the brrrr strategy)7 years to payoff all 5 homesI personally like this strategy, but the brrrr (refinance part is trick...
Kyle Barton
How to split cash out refi funds with investor
When doing a cash out refi on a property where the cash out amount is more than the amount originally invested, how do you split the cash out amount between the investor(s) and GP? Would the investors get the full cas...
Hyeseong Park
Regarding Cashout refinancing
Hello I'm curious if this strategy is theoretically possible to expand super fast wealth as below:For example, I buy a rental property for $70,000 in cash and then immediately did a cash-out refinance to get $56,000 i...
Emma Powlin
House hacking and competing against cash offers
Hello!I'm a newbie investor/ first time home buyer and I put my first offer on a duplex yesterday located in Rochester, NY! Purchase price was $200K; my offer was $200K with an escalator up to $210K and 3.5% down FHA ...
Chaits J.
BRRRR - Refinance Step
We are doing a BRRRR for first time and would like to know what are regulations around refinance step.Property that we are looking to Buy,Rehab,Rent is a Duplex( Single family home that added an extra Mother In Law Su...