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Hi everyone, I'm looking to get into rental property investing later this year when I have enough capital.My question is, what is your experience with refinancing your rental properties in Ontario?How soon after renov...
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We have a few investment properties, all of which will need to be refinanced in the next year or two as they were purchased with 5 year interest only loans. They dont need rehab and all have long term renters in place...
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Does using the BRRRR method affect your credit score? I saw online that refinancing can damage your score. Is this true?
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Good evening all,
My name is Jetmir and I'm new to investing in USA. I leave in New York and I just purchased a three unit house in New Jersey.
The house was sold in foreclosure. I borrowed the money from my cousins...
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We're about to refinance 1 commercial properties (2 med offices/ 1 church & med office on a lot). We basically want to take advantage of the low rates, but also one will balloon/ expire in a few years.
I was wond...
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Hello, Wife and I are needing some advice. We own a plot of land outside the city limits. We have building approval but I am still not pulling the trigger to start building. We have a home that's worth $375k and we ow...
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What is a reasonable timeline for refinancing an existing loan.. 10 year balloon due.. looking at new lenders.. 90 days? 120 days? a year? don't want to cut it down to the wire.. and what happens if there is no loan ...
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Hello,I have a rental property in NJ where majority of the mortgage is paid back and about $35K is pending on a $550K house. The problem I have is that I took a 7 year ARM at 3.5% interest which expired last year. The...
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Hey y’all, I’ve been studying the brrr strategy for a couple of months now but still have some questions, most importantly: what criteria do banks look at when you request a cash out refinance? I know it was mentioned...
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Hey Everyone,I'm a beginner investor from Duluth, Minnesota, and I'm closing on my first duplex July 8th. Since I'll be house hacking, I'm considering renovating the unit I'm in and doing some exterior work as well. I...