What is the concept of refinancing? Why would someone want to do it? What are the differences in the different types such as cash out refinancing, HELOC, and Home Equity Loan. I have heard of all these, but the conc...
Hello all, My name is Felicia and I reside in Orlando, FL. I am attempting to refinance my house to rent out as an investment property. I am also looking for funding for short term vacation rentals/apartment complexes...
Hello everyone,My parents have about 200k left on their mortgage and I think around 150k in a HELOC. The house has appreciated to around 2mil so there’s about 1.6mil in equity. I feel like the equity sitting there is ...
Thinking of refinancing my mortgage to hopefully take advantage of lower interest rates. Would it make sense to look for other vendors/lenders to get the best rates or should I try to stay with my current lender
Numbers below post. I'm new to real estate investing and about to finish rehab on our first LTR. I'd like to leverage the home value to pull out as much cash as possible to invest in other properties. I'm looking f...
Hello!
I was having a conversation the other day with a fellow investor about the BRRRR method and he was telling me about a “bankers credit” he receives when refinancing his properties when he can show he’s put over...
I am going to keep it simple. I am 21 years old own 2 houses outright that I have full equity in worth about $400,000 together with no loans against either of them as well as another house with a mortgage on it. They ...
I am wanting to begin investing in real estate. I am currently trying to understand the various investment opportunities, but for now I am needing some financial advice. I am mostly debt free, minus a small car paymen...
My wife and I were both working remotely during Covid and bought our 1st home in a town with lower cost of living. We bought as our primary residence (Conventional; 5% down). Work called us back in, and we are now ren...
Hello,My partner and I just bought a property in Memphis, which we acquired through a private short term loan. We want to BRRRR this property, so we plan to rehab and then refinance into a conventional loan. We would ...