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Hello! I am running some numbers on potentially cash-out refinancing a rental house. Is the rate usually the same as an investment property loan? Or is it higher?
Thanks!
AZ
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Hello everyone. I’m 4 years from being able to retire from the military and dont want to work in gov contracting the rest of my life. I used the VA loan for my first home in San Diego and have 200k in equity that I wo...
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Hey all, Feeling a little stuck and need some creative ideas. We have been chillin with one STR and recently decided to pump up our rental business. We have a duplex under contract for a cash sale. However it is using...
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I am currently renovating a duplex in Denver, Colorado. I purchased the duplex in May and began renovations in June with a completion date around mid-September. After the renovations are complete, I plan to get an i...
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Hello, I live in the Dallas area and currently have the option to take out $150,000 - $374000 on our home in a type of HELOC at a fixed rate of 8.03% on an 18-year term. Would it be wise to take out the min or the max...
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We are looking at doing a cash out refi, wondering what you think.Currently we have a 30 yr fixed at 3.25% and we are 5 years into it, $75k left on mortgage. Property will appraise around $200k. So this would give u...
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I am looking to buy my first rental property (SFR). I have a substantial amount of equity in my primary residence, which would allow me to get a HELOC and thus, cash, to start investing. Are there any cons to this r...
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We saw a substantial swing in the real estate market in 2022. What happened?
2022 started off the way 2021 ended, with a very hot market, quickly rising prices and fierce competition between buyers bidding on very li...
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Hello All,Thanks in advance for your replies. I am curious to get peoples opinion on both the GP and LP side in syndication deals as to how they feel about receiving a questionnaire sheet from a new prospective LP to...
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Hello BP! I'm a new Realtor in Salt Lake City and I'm curious if you can direct my thoughts or set me straight. 1 year goal of buying my first property, largest obstacle is $35,000 in unsecured debt between my wife an...