Amanda Ferguson
Refinancing Investment Properties
We have a few investment properties, all of which will need to be refinanced in the next year or two as they were purchased with 5 year interest only loans. They dont need rehab and all have long term renters in place...
Chase Gu
Commercial loan question!
Hi, I am learning about commercial loan terms and will meet with a lender on Monday. Hope someone could answer some basic questions I have!1. People on the forum mostly talk about short-term fixed rate loan for 5-7 yr...
Raj Patel
Cash out Refinance BRRR
Hi everyone.I own a retail building with a partner under an LLC. Under very conservative valuation at 8% cap rate, I believe the building is worth $1.6M+I was thinking about doing a cash out refinance at $1.1M with a ...
Paul Aguilar
HELOC or REFI for Down on STR
Hello, My wife and I are looking to get into our first STR. We own a condo and have equity in the property. We want to use some of that for a down payment on a STR. We have discussed either doing a REFI and pulling so...
Drea Smit
Financing a purchase through LLC
I’m looking to purchase my third single family rental property through my LLC and am not sure how to structure the financing. I paid cash for the first property, then used a combination of cash and an equity LOC on fi...
Ryan D.
Using equity in rental property for new primary home mortgage
I'm trying to learn about rental property equity financing. But all the articles I find are about using equity in your HOME to buy a second property or rental property. But what about using home equity in your rental ...
Matt Nelson
Advice on getting equity out of a rental in Washington state
Hello all, first time posting here. We have a rental in Washington state. It is almost paid off. We would like to take out 90k of equity and the property if worth about 250k. What’s the best route to access the equity...
N.A. N.A.
where to find info for negotiating NNN lease
Hello,
Relative has a stand alone NN property (drug store - national tenant) and lease is currently being renegotiated. I am in a small market - central NY. No growth. Believe store to be reasonably good p...
Louisa Davis
Creative way to pass on my 3.5% rate mortgage when selling duplex
Hello! I'm looking for some ideas here. I bought a duplex last year when rates were low-low-low. The 30-year fixed interest rate is 3.5%. I have since bought a second, larger property. I'm looking at buying another la...
Nick M.
Which Financing Terms to Accept?
Hi All,Feedback requested.* Situation: I am in contract to purchase an apartment building. Purchase price $1.5M, $400K down, for a loan of $1.1M By making extra payments towards the principal and a large lump payme...