Can you refinance a home when you have a 100% equity but the owner’s only source of income is the rent?And if I cant refinance this way, are there any other ways to leverage this 100% equity? Thanks!
If you follow the Buy, Rehab, Rent, Refinance, what type of deal do you look for on your refinance?I am disgruntled because with the banks I've asked and loaning to my LLC (which I know may limit my options), I will h...
Hey guys, I'm buying a house with a hard money loan on a 8-month term. There's a tenant in the property with about 9-10 months left on their lease, so I'm a little worried that (if I can't get them to agree to leave u...
Right now I don't have much income or perfect credit but I do have cash. If I want to pick up a rental property would a good option for me be to pay cash rent it out and then refinance to get my money back?
Greetings,
Re: Refinancing Questions
Currently, I/we have a 30 Year Fixed Rate VA Backed-Mortgage at 5.5%.
Never Late.
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Can any of you guys tell me where you have had success refinancing properties?my bank, bank of tampa, has told me they do not offer loans on residential properties.Let me know who you guys have had success with locally.
I'm curious about how refinancing works and how you get money back on deals when you refinance?
Was wondering if anyone has refinanced a loan for a SFR that was initially opened as a primary residence but is now operating as an investment property.... did you tell the bank that you are refinancing through that t...
Hello, I started buying duplexes and 4plexes about 2 years ago using the BRRR or BURR method. (Buy, update, rent, and refinance). I've purchased 12 properties, 90% of them being 4 plexes. I have a total of 6 conven...
I currently have a condo in FL under contract using a 10% down payment JUMBO loan on a second home. The loan has a higher than normal interest rate.
Question is - how long do I have to wait to refinance the condo? A...