Greetings, everyone.I have been reading/watching on this BRRRR method. I don't get the Refinance part, particularly on the 20-25% cash refinancing for another investment property from your previous mortgage ("M1" for ...
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I have a property that I've put a little money into recently and am debating refinancing to cash out. Does anyone have any recommendations for banks or lenders, that you've worked with, who will do a cash-out on a inv...
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I just closed on my first real estate investment property (I own several, but bought them as primary homes). I purchased the property using a portfolio lender with 15% down. How long do I have to wait to refinance, ...
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I work in finance and do my own taxes as its normally pretty straight forward. I did however just refinance an investment property to take advantage of the lower rates. I understand underwriting fees, title fees, reco...
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Figure its time for me to write up a win post for the community. I started out in late 2017 in rentals and this was the second unit I ended up buying in early 2018. Earlier this year I was up to 6 rentals and decided ...
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So I've managed to purchase 2 properties that bring in $54,000 per year, that's 4,500 per month gross. my mortgage is a ballon 3 year interest only loan that I'm being charged 10% for. I pay 1800 per month on my loans...
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Hi All,
My friend has a rental property and she is thinking about refinancing but does not have enough equity in it. The interest rate on the mortgage is 4.75% , 7/1 ARM . She plans to hold it long term. Banks requir...
Hello allI know I wasn’t quite careful with my plan in near future. Im in the middle of refinancing on a investment property, and 80% progressed. I would like to sell the property in June 2021 when my tenant’s contrac...
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Has anyone heard of or have used the lending company Deluxe Capital Solutions out of Minnesota?
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I have 8 SFHs. I am at a crossroads in the journey. I’ve learned more in the last 3 months than I have in the whole 10 years. I own a house that is worth $130,000 and I only owe $8500. My end goal for real estate is n...