My wife and I spent 3 years looking for the right deal. Through proper planning we were able to close on our first mixed use commercial property. The property is vacant and in need of renovations (all of which is ac...
Hi BP people! I am not a savvy investor like others so fully paid my 1st SFR and put it under a LLC for liability Protection per most people. Now, I am planning to buy a new property by cashing out refinancing the pai...
Im looking to pick your brains on a question! Im currently 39 with my first rental property purchase in 2017. I’m currently in the process of refinancing my home from my current mortgage of 27 years at a 4.5 % rate (...
I'm buying a property in Philadelphia using a credit card and a personal line of credit. It's my first time using this method (I've previously used hard money lending), so I'm pretty nervous about it. Are there any ...
Hello. My mom is quitclaiming a 2 flat property in Chicago over to me. There are no tenants in it right now. My husband and I would like to do a cash out refinance. The property is worth about $45,000. There’s no...
Hi all, So I am trying to Refi my rental property's and my personal home. The bank im working with wants to do a commercial loan for everything at 6.5%. I would rather break them up with a loan for each. They say they...
Hi BP fam!I’m pretty new to real estate and I’m hoping someone can help me understand the refinancing part of BRRRR. Let’s say that I buy a $700,000 house with 20% down. I rehab the property for $80,000 and rent it ou...
I purchased my first home last year with a FHA loan. When can I refinance it? If I refinance it will it no longer be a fha loan? During a refinance do you have to pay closing cost? This is my first property, 24y/o so ...
I went to a bank today and I basically want to perform the refinancing part of the brrrr system. The banker told me I had to own the property for a year before I could refinance at the appraised value of the house. I ...
I have 4 properties I want to get my payment lower, what’s the best way to shop refinance rates