Amit Barman
Hard money and cash out refinance
Not sure if this is the right forum to post this, I came up with this plan, which, I am sure, many of you have used already, so can not claim it as creative, but like to get your opinion on pros and cons of this conce...
Fareen E.
Renovate later for less cash flow now
Hi! Looking for some opinions please..
I am on track to close on my second investment property (3/2) in a few weeks or so with flexible plans for the Seller to rent it back at a discount for a couple months.
The q...
Patrick Jung
Issues Refinancing in BRRRR due to mortgage seasoning
I was given issues trying to pull a HELOC on my SFR after rehab because of "mortgage seasoning"I purchased this SFR with conventional 80% loan.After rehab, I still was able to pull 36k HELOC with a 6.0% rate. (was aim...
Russell Schwartz
House Down Payment Options - HELOC vs Hard Money
Newbie RE Investor here!!
I am analyzing deals and had a question for a more seasoned investor about down payments. I have funds I could access through a HELOC on my primary residence to cover a down payment. I was...
Rachel Luoto
From Investment loan to Own-occ loan?
We bought a triplex over a year ago with 25% down investment loan. Since then we have renovated it, 2/3 units rented (cash flows) and are moving into the third.
But, what if we did a cash-out refi into a conventional...
Ken Mull
1031 vs. Cash out Refi
Contemplating a 1031 . Relinquishing one multi-family rental and acquiring a SFR for vacation rental. The 1031 puts time constraints on the deal but gives you nice tax benefits. The cash out refi give you some cash an...
Anthony Parr
Rehab Frustrations (Venting)
So, our first rental spoiled me. It was truly "turn-key." Our second is the exact opposite. My original budget, for the $130k project, was $20k. It is sliding up to $25k. I just put in a new AC and am about to do...
Ryan Keenan
Delayed financing question
Hello BP, doing some research on delayed financing when purchasing with cash and cashing out some money under 6 months. Are investors doing this and then cashing out the remainder after 6 months? Doesn't that cost mo...
Chris S.
New to REI based out of Chicago looking to invest locally and out of state.
--- reposting from the intros thread since this seems to be a better place for this. Apologies for those that have seen this already :). ---Hi,
I am a management consultant based out of the Chicago looking to begin ...
Forrest T Schue
Fannie Mae Changes Seasoning Periods?
Are BRRRR investors tracking the new change to cash-out-refi seasoning periods?12 month minimum seasoning period rather than 6.
What are thoughts on how this could effect the BRRRR strategy? And how are people changi...