Pete Ganze
Refinance Paperwork Nightmare
I talked to my bank about refinancing a property I have owned outright for 10 years and they want the following. I think this is a paper storm that won't do anything other than burn my time. They have all my info as t...
Gp G.
refinance load declined
Below is the response from my banker who did refinance earlier for me. Any lender who can do cash out refinancing for me based on Property/Asset rents but not on my credit score which is currently low around (656, 650...
Henri Meli
Refinance commercial loan ?
I purchased a commercial building in December of last year and it was 75% occupied (25% vacant area). In the last 3 months, I have invested some money to make improvements to the property, especially the cosmetic look...
Tyler Wilcox
Cash Out Refinance
Investment Info:
Small multi-family (2-4 units) other investment.
Purchase price: $150,000
Cash invested: $150,000
I bought this place with cash using savings and personal loans. My plan is to cash o...
Shashitha Francis
Should We Refinance?
We have a rental property which technically was our first home and our mortgage rate is at 3%. We are currently looking to buy another rental property. But since the interest rates are higher now, just wanted to know ...
Amol K.
Cashout refinance interest
Could you please let me know if the interest in Step 5 below would be tax deductible:1) Buy Property for $100k. $20k cash down, and $80k loan (for simplicity, say interest-only)2) Property appreciates to $150k3) Refin...
Braeden Henry
BRRRR Refinance Question
Can someone throughly explain exactly how the refinance aspect in BRRRR works? Like how can one get money to get another house without it being their own money? Can you buy a house in cash from the equity in a refinan...
Matt Pursley
Sell or Refinance?
Curious on if anyone has a rule of thumb on when to flip or when to refinance and keep as rental? Certain amount of cash flow? CoC? Etc?Recently I’ve only kept a few properties which cash flow extremely well, otherwis...
Corey Bogaski
Looking to refinance
So i bought a SFH in October for 155k. I dont have a favorable loan at 6.125% so not losing much if it goes up. Since, I rehabbed most of the house. its a 4bed 2bath, with all new carpet, floor, paint, 1 brand new bat...
Michael Putman
Refinance Multifamily Properties
Hi I’m looking to refinance two Multifamily properties that have been repositioned. Im curious which lender provides the best terms for a refinance? Im looking for 80% LTV and 25+ years amortization.