First post, I have a few questionsLets say I purchase a $100,000 multifamily property, and I put $20,000 down. At the end of the year let's say there is about $5,000 paid into the loan from rents and the original $20,...
I am looking for someone who can help me with refinancing a commercial building I own. Loan would be for about $900k, 70% LTV. Every lender I've spoken to says its too small. Any ideas or referrals would be apprecia...
I have a rental property that I want to refinance. Are there any lenders anyone is aware of that would loan up to 90% of appraised value?
Not sure if this is the place to ask this question, if not I apologize. My mom passed in November and her house was left to me and my siblings it's 5 of us. I live in Atlanta, GA, one of my brothers live in Baton Roug...
Bp community! Im looking for some insight as i have heard difference answers from different sources. I am currently In the refinance stage of a "brrrrr" project. Do/will appraisers use pending comps? Or strictly sold ...
Hello BP community and thank you in advance for your help. Back story is I purchased a duplex and took it down to the studs for a complete gut renovation. First unit a one bed one bath and a second unit took from a ...
Hi I'm new member of the biggerpockets, I have a small house 1600 sqft in the Denver metro area with 344k of equity, I'm looking to buy a bigger house to brrr or buy a small multi family, thank you
Hey BP,
I was recently talking with some family of mine and they where discussing an issue they are having. They have a duplex and when they closed they agreed to a 6.75% interest rate. Now they are trying to refina...
Hi BP and all lenders! Cutting to the chase, I am looking to connect with any and all lenders who can/will/have refinanced 1 - vacant lots which will start development within 12 months. Plans and permits are ready fo...
Hi guysI am doing a BRRR deal in Sacramento ca. my loan officer tells me that when I refinance the loan it will have to be 75/25 LTV. Is this information accurate? Is there an alternative solution to this where I can ...