Alison Keppel
Refinance Quick Questions
Hi everyone!
I'm a new investor, I have one short term rental, I'm coming up on owning it for a full year, and I'm gearing up to refinance. I've never refinanced a property before, so here are my questions:
1) If I ...
Devang Teewar
Need Advice from Investors
Hello Investors, I jut got to the bank for my mortgage pre-approval to see how much I am qualified for. And to my surprise as with the new rules, they do the stress test or qualify at 5.14% interest rate and looking a...
Batool Hussain
DSCR loans vs Conventional
I am closing on my first property using FHA, interested in buying a 2nd property.What other financing options can I use?DSCR? What are the pros and cons ?Any other financing options ?
Desiree Rejeili
The BRRRR Strategy: A Comprehensive Guide to Building Wealth Through Real Estate Inve
Real estate investing can be an effective way to build long-term wealth, and among the various strategies, one has gained significant popularity over the years: BRRRR. This acronym stands for Buy, Rehab, Rent, Refinan...
Brandon Phillips
Family wants to sell inherited home, how could I keep it?
My father, uncle, and aunt inherited my grandmothers house. The house is paid off and a stones throw away from a hospital, local college, and downtown area. They want to be hands off and sell the house. I think the ho...
Justin Capps
1st Buy and Hold in Lawrence
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $52,000
1st rental property purchased. Long term tenant at a reduced rental rate. Wholesale deal with roughly $10,000 o...
Rebekah Valdez
Real Estate Attorney Question
I am a new REI & considering a 50/50 joint venture on a STR.When considering funding, is it best for each investor to have a loan for their half of the costs? And, would this be the same when refinancing after th...
Jonathan C.
Delayed Purchase Lenders
Hi Everyone,I have a four family under contract that I will be closing in cash with later this week. My intent is to close cash then take 75% LTV out of the property via a conventional 30 year fixed using the Fannie M...
Chris Mason
[sticky plz] Put the issue in subject line, not type of financing
Subject says it all. Subject lines like "FHA loan" and "Hard Money" and "can i haz mortgae plz?" and "cash flow positive" tell us nothing that would indicate if we are in a position to help you or offer guidance, or n...
Jason Simon
Cash out refi or conventional loan?
Hi all, Would appreciate any advice as I’m relatively new to REI. I have two properties now, each with about 200k in equity. One is cash flow positive one is not. I’m thinking about a cash out refinancing on the prop...