I recently shared about my first deal consisting of a rental unit that I have 13K in cash and about 12K in consumer debt (interest rate 12-14%) invested. The rent is 550/month and it is currently leased. I have had it...
My fiance and I just finished up rehabing the home we are moving into.
I spoke to a lender I have been referred to by other investors
He quoted me with the information I gave him 4.75% with 1pt origination fee, and 0...
Having trouble refinancing my property. Has been rented out for 4 yrs,Has over 79k in equity but these banks have so many rules and stipulations it's tiring.Who do you guys use?
I HAVE TWO HARD MONEY LOANS (TOTAL $ 150K) THAT NEED REFINANCING. WHAT'S BEST COURSE OF ACTION?
Would like some help understanding the refinancing process. Using the BRRRR system, once I refinance the home w/ the equity i’ve added, does the mortgage now reset to the new value of the home? And does that mean high...
I feel like I can not find relevant information on this all important step in the brrrr method. Who is repeatedly lending on these newly renovated and rented properties? Are they making me wait 6-12 months? Even if I ...
Hi All,Do you know any lender who can do cash out refinance within 6 month of purchase?Thanks a lot!
I have an investment home worth about $450k. The loan amount is $280k. I am looking to pull out $100k or even more in a refinance. My rate is currently around 4%. Keep in mind, this is an investment house, not sure if...
I'm confused on the refinancing part of this strategy.For example, with obviously hypothetical numbers, you find this situation:Purchase: $70,000Rehab: $35,000ARV: $150,000So, your total investment is $105,000. You re...
I have a project of rehabbing 2-3 multi-unit properties in North New Jersey and would like to know whether somebody has contacts to lenders that do non-recourse refinancing of these properties that have about 60% LTV....