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Hello all! I'm kind of new to all of this, and I was wondering if someone could help me understand the benefits of cash-out refinancing. I've heard people say you can take money out/cash-out tax free!But as I THINK I ...
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Good Evening-
My name is Augie and I am from Champions Gate, Florida. I have been investing in Real Estate since 1983. My specialty is investing with creative financing. In addition to inve...
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So we (my wife and I) have made a concerted effort over the past 6 months or so to invest outside our small, rural local market in Charlotte, NC - a very competitive market with low supply/high demand. We originally w...
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Hey everyone,
We are buying a condo in Hawaii and received our estimated closing costs for our pre-approved loan. This is our first investment property, but I did know to expect higher fees in general. However, was c...
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Hello, I'm new to investing and am looking to purchase my first property. I'm looking to live in it for about 2 years and then purchase another property to either live in or rent out, and continue the cycle. I'm tryin...
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Hi All,
If a partner and I own free a rental property free and clear, but my half was purchased using a SDIRA, what happens if we want to refi the rental to pull money out? Are we still stuck w/ a non-recour...
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I have invested in a number of multifamily deals via 2 different companies. One of them presented a new deal to me but I see there is an "origination fee" of 1.5% that goes to the managing partners of the LLC (they al...
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Let’s say you have a property paid in full with a original cost basis of $1.2M and it is worth $2.2M and would like to do cash out financing at 70% LTV which would be $1.54M which leaves an amount of $340,000 above or...
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Hello all!I currently have a photography business that I run as an S-corp. I recently have gotten the bright idea to attempt to invest in mobile homes here in San Diego Ca. This of course is the result of reading Rich...
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