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First year renting out primary home and was looking to do a cash out refinance to buy other rental properties. Credit score is excellent DTI is not bad. Was recently laid off due to Covid 19 and currently only receivi...
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I'm waiting for a dip also to 1031 some of my properties again. The only question right now is whether I should cash out REFI any of them. I'd get a lower rate and sit on even more cash waiting for buying opportunitie...
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Dear BP family, I was wondering if you would know of any good lender for a cash-out refinance for an investment property in Philadelphia?This is SFH, residential, no other mortgages.I'd prefer 75% LTV, 30 years amorti...
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I purchased a rental (single family) in Fort Lauderdale with 2 HELOCS. ($215,000)
The first HELOC was from a free and clear property for $112,000. That is an interest only at 3.75% (adjusted, in Feb it was 5.5%) of 7...
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I am weighing the benefits between a cash out refi on my primary and a conventional loan. I understand there is more risk attaching my primary to my investments. However, I would benefit from the refi rate on both a...
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Hello, I want to pull money from my house and I was wondering what is a better choice, doing a HELOC or doing a cash out refinance? I want to pull out equity to pay for my solar panels which I have a rate of 25%. Whic...
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does anyone know a lender that will refinance or give a HELOC on an investment property if you've owned it for less than a year?
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I’m interested I doing the BRRR strategy and want to know how easy or hard is it to find a lender to do a cash out finance with little to no seasoning during these times
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Since I as of yet do not have any commercial property, this is nothing more than morbid curiosity...
...I've heard that cashout on refi's in the commercial world cannot exceed 20% of loan amount regardless of LTV. I...
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Background: My wife and I own a 4 unit property. We live in one of the units and rent out the other 3. We purchased the property just a little over 8 years ago at $189k with 25% down at a 3.75% mortgage rate for 30 ye...