You’re trying to buy your first rental property, but you keep losing out to buyers making cash offers and waiving inspections. Are you doing something wrong? In this episode, we’ll show you how to find more deals, imp...
Hello I would like to check if it is good strategy to borrow 70% of offer price form hard money (30%: I have cash) so I can offer like 100% cash offer. Once it is closed, I will refinance with 30yr mortgage. Is my und...
Hi everyone!I recently moved to San Antonio and am working full time. I currently rent and my lease is up around July.I want to buy a house using a USDA loan while I live here, but am worried about some of my exit pla...
So, I've had this idea of doing REI for years but never acted on it. We'll I'm finally ready, and I'd like to pull out some of the equity from my home to fund my first rehab. I'll be contacting my lender soon, so my...
Hi! Looking to understand more about private lenders and what they look for in new investors. More specifically the different things they look for in brrrr and turn key properties. If I understand it right, which I pr...
Hey folks! Hope all of you are well.So I bought an 11-unit package just 2 years ago. 1 quadplex, 3 duplexes, 1 small block house. All next to each other on two plots.I finance with a commercial loan at 5.75%. Spoke w...
Hi BP!Has anyone offered all cash then immediately refinanced to get the cash out? I am planning on doing all cash on an offer to make it more competitive and then getting a mortgage immediately after, but I was advis...
Any banks-lenders which has no seasoning requirements when refinancing investment properties. Looking in Michigan and Cleveland area. TIA
Hello,I have this notion ( perhaps erroneous) it may not be a good idea to refinance with the same lender,since more often than not the current lender may not be too motivated to lower the rate for existing customers ...
HiI work with Third federal and they have an amazing feature of rate relock( which is not refinancing) in that they basically you can request for rate to be changed(when it drops) but paying $295( or lower when they h...