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For anyone who has BRRRRd houses, what property constraints do you know of that would prevent a bank from helping with the refinance? For instance does age of the property matter?
Greetings! I am currently refinancing 3 single-family homes that we rent out. The lender is including in the refi documents a page saying “1-4 Family Rider—Assignment of Rents.” It can be found on Fannie Mae website. ...
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Hi everyone,
I have several options available to me right now to purchase a multi family (preferably a triplex or quad) that I'm trying to sort through. Options are good, but I also want to do what's best for me to r...
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My family owns 2 commercial buildings on Long Island. Both have equity and both are fully rented. We have been trying to refinance both properties for the last 2 years and have had trouble finding a lender to work w...
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Hi, I know that refi questions came out in the forums in different ways but I couldn't find specific info for what we are looking for.We are buying properties in Phildelphia , implementing the BRRRR strategy, we have ...
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I refinanced my owner-occupied multifamily rental property last year and now I'm struggling on exactly how to report the closing costs. I have tried researching previous posts and other sources, but I haven't found an...
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I am currently rehabbing an REO property that I paid cash for. Once it is finished, I am going to keep it as a rental property. Obviously I want to get my money back out of the property so that I can invest it in more...
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What's Up Friends! Just wondering if lenders will put a limit on a number of refinances you can do? Kind of like they do with conventional loans.
I'm talking in regards to the BRRR strategy if that helps!
Thanks i...
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I am looking to buy my first rental house and maybe a vacation home too. A vacation home would be on Air BNB or something.
Would you recommend refinancing and using home equity to purchase a home or using a self di...
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I have owned my 2003 1550 sq.ft. on 4.75 acres for 12 years as a rental. it is currently occupied by great tenants and rents for 800.00 mo. I intend on keeping it a while. I owe 80k I have about 60k equity in this pro...