Hi there, new to Bigger Pockets. We are American citizens living abroad who are trying to refinance our US investment property. Running into same issues from various lenders including the bank that has our home loan: ...
Hello!
I've got an investment property that I bought in '19 that has appreciated significantly- I have approx. $50k of equity just sitting there, and I've been trying to find a way to access it. Here is a run down of...
Hey Bp!
So I’m refi. My house hack duplex. And the bank sent an appraiser out as normal. So when he was doing his job, he had a few questions, that I answered to the best of my abilities. But he keeped asking about ...
Hey everyone, curious to see what people say when it comes to refinancing an owner finance deal into a conventional loan. 1. Is it possible?2. If so, when do you refinace?3. Do you include the option to refince when p...
Hey guys, so I'm currently in the "Refinance" portion of my second BRRRR deal on a property that was purchased all cash- I just locked down a rate of 5.99%... definitely not ideal when compared to my first deal over a...
I bought my first primary home back in January for $221,500, a 700 ft condo. I then renovated a lot of the condo, completely re doing the bathroom along with a few other minor aesthetic changes. My dad who is a genera...
Back in early of 2004 I purchased a small 1 bedroom, 1 bath condo not knowing anything. Purchased it for $36K, 30 year note @ 6.125%. As of today I still owe about $21K and have been wondering if it makes any sense ...
Hi,
I am just getting started and wanted to free up money to be more flexible. My current home has LTV of about 50% and I am on a conventional 30 year at 3.5%. I've been paying Bi weekly payment and will continue t...
Hey everyone, I genuinely don't understand what refinancing a home is. I've tried to look up the meaning and I end up reading entire pages with no understanding. Can someone explain it to me please?
Anybody have an idea for refinancing a condotel with hard money? We were set to have a DSCR loan in place on this property after we bought it cash, but that is looking less ideal. Main reason being we are looking at f...