Hello everyone! I been listening to podcasts and reading BP posts for over a year, but I have not participated in any discussions. I have a question regarding an investment property I'm considering to purchase. It is ...
I took out a 3 year loan for 200,000 dollars to purchase and renovate my 3 bed 2 bath SF with the intent to hold it for a year and sell it tax free but now am aiming towards refinancing and renting it out. The proper...
I have been working with my parents who have a HELOC on their first house. The goal was to use this for flipping. We have done one flip so far but deals are few and far between. My question is whether or not there is ...
So I just a have a quick question about refinancing in multifamily. This is a hypothetical example, but lets say you buy an apartment complex for 1 million dollars at 25% down payment. In 7 years the property apprecia...
Good Afternoon,
About to close on a property that has minimal work to be done before going back as a rental. Any advice for banks that would do a refinance in Norfolk?
Hello!
Has anyone used a HECOC to purchase investment properties? Really I would like to hear thoughts on using a HELOC vs simply refinancing. I currently own a rental property that I owe about 95k on and it could ap...
Purchased my 3 unit home last year, I occupy 1 unit. Repairs became more costly than anticipated, subsequently my credit card balance grew.Are there any opportunities available for someone that has encountered this si...
ok say a seller is willing to play the bank and they owner finance the house. after the house is in my name can I then refinance the house to get the equity out the house? And if so does the same process work if you d...
When you purchase a property either through seller financing or conventional financing with a balloon payment, are you able to refinance the property before the due date of the balloon payment with a lender? If so wha...
Have trouble refinancing a property appraised lower then expect at 65k can’t seem to find a lender who will touch it I don’t have a mortgage currently on the property. Need the cash to brrr this is my first rental pr...