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I'm getting quotes on mortgage terms, etc.Heres what I currently have:Rental property appraised at $72,000. Looking for 30 year fixed rate mortgage- cash out refinance.My credit score is 762.I have a 10K LOC on the pr...
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I am trying to cash-out-refinance my rental to take 70% out. This will be above the jumbo mortgage limit for the county at around 700k. Tried with portfolio as well as conventional lenders, and yet to find someone giv...
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Can you get more than one prequalification letter for a loan from a lender? How do you shop around for a good lender for a prequalification letter. I want to work with someone that will explain to me all the detai...
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I have a duplex that is currently on a 30 year loan at a rate of 4.875%. I currently owe $129,600 on it and my monthly payment is $1200. I have 18.7 years remaining left on this loan.
I have been shopping rates a...
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Hey Everyone, So here's what I have:I'm in the St. Louis area and the property I'm looking at is a 4 unit 2 bed 1.5 bath townhome asking price is $599,900, I'm assuming because of the many repairs it listed such as ne...
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Hi all,I have two recent mortgages both at $175k principal and 6.625% fixed for 30 years. I want to accelerate the payoff by either paying $500 extra on each or $1000 extra per month on 1 only and keeping the regular ...
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I’m around 40%ltv on my 7 unit portfolio at this point. (Four properties). I finally finished renovating the last unit and am currently at full capacity with all units having been renovated within the last three years...
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Hello everyone, I am contemplating on purchasing another property in SLC. But with the new high interest rates it is very hard to decide if I should wait or bite the bullet. My current property was purchased in 2020 w...
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Bigger pockets community, I have a few rentals that I’m 50 or 60% ltv , and I would like o get a loan against them, just to be 75% ltv , do you know any lender who will lend on 2nd position?Im in the middle of a Brrr...
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I was looking for advice on how to refi a 12 unit multifamily I purchased recenly in New Jersey. Currently, the previous owner is holding note. There are 3 structures on the property totaling 12 units 100% occupied. I...