Paul Miranda
Personal Loan Refinance
Hi all,
I have two properties, SFR, that I am getting ready to get under contract. I am using a business loan to purchase the properties and make improvements. What are some longer term financing options I have that...
Cheryl Packham
Cash Out Refinance
So, I just read the article, "The creative way to finance investment properties you probably haven't discovered yet." And this was actually what I was planning on doing. However there was a section of concern for me...
Jesse Hargrove
Sell or refinance
Question:I have a decision to make and would like input from experienced investors. I purchased a SFH 3 years ago. It has appreciated 50,000.00. The tenants are long term tenants possibly willing to stay 10 or more y...
Tam Vo
Refinance exist loan
Hello,
I have current loan on a manufactured home $51365 . The estimated value $225,000. If I want to refinance it for 15 years 3% fix rate the closing cost would be $2900. Does it worth it.
Any advice is appreciat...
Aaron Smith
Cash out refinance
I was wondering how cash out refinances work in relation to 1031 exchanges.In the 1031 exchange, you have 45 days to select 3 different options for the next property to buy. But as far as I can see, a cash out refina...
James M.
Refinance or Sell
As an "accidental landlord" from a home I purchased in 2005 and started in renting in 2011, I've been carrying a negative cash flow property for five years. It was my "starter home" and is now one of three rentals, wi...
Marc Beaulieu
FHA Loan Refinance
I know that you can only have one FHA loan at a time. If I bought a house with an FHA loan would it be possible for me to refinance my house out of the original loan and then use an FHA loan for my next purchase?
Jason Pearson
Refinance or wait?
Good evening all,
I am in the process of purchasing my first BRRR. Once the dust settles on that, I want to address the mortgage on the home I am living in. I bought it one year ago on FHA with 3.5% down. Currently I...
Xu Som
Refinance a house
Hello BP,I recently bought a house for the family and have another house up for rent. The other house is a relative I know and they gave me permission to do what I want with the house since they moved out. So it's c...
Cathy Chang
Should I refinance?
Hi, BPers,I plan to convert my current primary property into rental within half year. I did a refi this Feb., and I can only do another one 6 months later, which will be Aug. However, currently my loan is 15yrs-fixed,...