My plan is to borrow money from family to buy a condo with cash that I intend to rent out longterm. That way I'd get a leg up on other offers and better price (the condo community I'm looking to buy in is pretty comp...
I have a mortgage with my local bank that is close to being paid off, when it comes time to refinance it and BRRRR I am thinking I need to use an investor friendly lender, am I on the right train of thought or am I be...
A C corp I own owns a NNN lease with 7.6 years remaining to a regional dental provider. It is fully paid off building located in Detroit area, generating about 140k/yr net. I was thinking of refinancing and pulling so...
I just got a quote for 3.0% on my primary. On $250K at 4.375% at present, a drop to 3.0 will see my monthly drop by $200, and interest reduction of $300 on the first repayment. Is now the right time to refi, or should...
Hi all!Looking to refi out of my HML As soon as possible. Any suggestions? Property can be refi as a primary residence. Looking for a 30 year convention loan. Thanks!
Need some advice from an more experienced investor..We have 1 paid for rental valued around 115k, would it be wise to refinance and pull out some equity for future investments. We really like having this one paid for,...
I am reconstructing my home(knocked down and rebuild) which already has a fha mortgage of 375K. Siding, Electrical, Heating and Plumbing is underway. I will probably need about 100K to complete the rest (Insulation, ...
Hey everyone,
I'm an investor in Chicago, Illinois. My contractor did an amazing job rehabbing my property. My plan was to refinance the property, but my prospective lender's appraisal value was more than disappoint...
Hello All,
I'm currently in the process of closing on my first deal and my lender is simultaneously working on the refinancing right after the hard money loan. The interest rate quotes is 5%. In this current market w...
Purchased an STR in Sept 2019 in California. Was financed as an investment property so interest is fairly high at 5.75% given the current low rates looking to see if there are other options (if any) to take advantage ...