Hello, does anyone know of a bank in Texas that refinances cash purchases in less than 3 months?
How long do you need to rent the property out before the bank will let you cash refinance out by the way I’m using the brrrr strategy
To those that brrr, are you financing the home then paying the rehabs out of pocket? Or using rehab loans? I often hear investors evaluate the property before the Reno and refinance, however not after. After the refi ...
Hey BP,I am embarrassed to say this but I still can’t grasp how the whole refinance step works within the BRRRR method.So from my understanding is say I purchase a single family home for $100,000. My mortgage will be ...
Ladies and gents,
I am new to this forum...and though I have been a landlord for about 5 years I am very inexperienced with the idea of rental property as income. My situation is this: I bought a house and lived in...
I'm working on refinancing my home to a 15-year mortgage. I'm also planning on purchasing my first multiunit property in the next 6 months. Will the refinance have any affect on my ability or qualification to purcha...
Hello guys, I'm currently in the process of refinancing my first property in CA as a primary residence I currently got a 3.99% rate 405k loan property valued at 495k?.... payments being $2750 taxes includedOption 1 fr...
Hi,I'm in Southern California, and I am in sort of a pickle.My parents bought a home in 2018. It was zoned for multi-unit so they built two new homes on the lot. They have moved into the front unit and are renting out...
During a BRRRR, once you’ve finished your rehab and placed a tenant, do you get the property appraised right away, or do you have to wait for the refi process to begin 6-12 months later at which time the lender will i...
Hi BP,I’ve been doing a lot of learning about the realm of real estate the past 6 months and am looking to buy my first deal this year. After studying the BRRRR strategy the one part I’m still slightly confused about ...