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...
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...
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...
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 ...
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...
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...
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...
What loan limit is it time to consider refinancing out of a VA loan?By the end of the year I would be at the 1 year mark on my first multifamily purchase and am in the planning process for my next purchase. I do know...
I've heard and read multiple sources talking about refinancing loans when their equity goes up and pulling out cash. In Massachusetts, this seems relevant with properties growing in value at 3-5% year over year. When ...
Buy at a discounted priceRehab to force appreciation Rent to a Tenant Refinance to pull original investments outRepeat the process If this is done under a company name how can the home get refinanced or should transfe...