So I have a home I bought for 80k cash.now it’s valued at 276k I did the rehabbed work since I lived in the home I been fixing it little by little. This year I bought a bigger home and rented the old one out and I’m g...
Hi
I currently have 3 single-family homes that I have had for a few years now before the market went crazy in our area. I got the places at good deals and they would be worth quite a bit more.
I was just wondering i...
Good afternoon, all. I recently purchased my first home Flip home for $184k with a 3.5% down FHA loan. I originally planned on doing a few renovations and flipping the home for ~$250 but after discovering Bigger Poc...
I have had a 30 yr mortgage on a rental condo since March 2018. Here are some details before I continue: Original Principal: 84KRemaining principal: 62K Interest: 5.25%Monthly payment: $722 + whatever extra I pay on t...
Hey Everyone,
About to go in for my first Refinance. What are things you are looking for when shopping lenders for a refi?
Are there certain types of lenders you prefer for this?
Is there something more beneficia...
My wife and I are complete newbies to RE. We bought a condo when we got married because we didn't want to rent and a condo was what we could afford at the time. However, with our family growing, we quickly have outgro...
I’m 41 years old and bought a triplex in 2004 for 135,000 at 6 percent, currently owe 84,000 left with 15 years to go. My return is around 300 a month after bills which up until this point I have just used as money t...
I have a rental property that I owned in Kansas City Missouri it’s fully rehabbed and I want to refinance it. When doing the refinance is there certain requirements that I have to meet and what are some other options...
Explain why someone can refinance their home. It almost seems to good to be true.
In other words, why would a bank allow the mortgagor to cut their interest rates with a refinance?
I recently got a duplex under contract for 27K. It needs about 7K to fix up. But it can cash flow $900-1000/mo. I plan to use private lender money to fund this whole deal. My concern is mainly at refinance stage. What...