Coley B.
Cash Out Refinance vs HELOC for Investment Property
What do YOU prefer - LOC or cash out refinance to pull out equity in a non-owner occupied investment property?I have a long-term buy and hold strategy. I purchased and renovated a multi-family investment property over...
Sarah Jones
Deal or no deal
The refi cost is going to be about $500 in appraisal fee and $4500 that will be added to the loan which comes to a cost of $5000, and I can get about $30k out.. So $5 to get out $30k is too much right? Is this a good ...
Lacie Carver
Unfinished cabin in multiple lot sale
I'm looking at putting an offer on a listing with four separate tax parcels, three of them being vacant half acre lots and the 4th with an unfinished, dry cabin.My initial thought is to sell two of the parcels. Then u...
Aaron Smith
Evaluating Loan Choices
Hey everyone! Just had an offer accepted on a 6 unit in Detroit!!!! Now I need some help with reviewing/choosing the right loan. I've received three funding offers. The interest only one will be 8.5% (he forgot to att...
Tuna Sakallioglu
Am I getting a good loan?
Hey everyone! I'm just getting started in my real estate investment journey and looking to buy a property in Lehigh Valley area in the upcoming months. I already got pre-approved from couple lenders and was wondering ...
Scott Starrett
Maximum LTV? 85% LTV? In Ohio
Does anyone know of a lender that is offering 85%+ LTV on rental properties in Ohio? This would be for a 4-unit building.
Looking for 30-year fixed interest, asset-based/DSCR underwriting (non-owner occupied investm...
Daniel Hartz
Trying to refi out of a bridge loan on a SFR with tenant
How would you refinance an investment property in Texas?One of my investment properties in El Paso is a SFH currently renting for $1,100. After my P.M. costs I collect $940 or so/month. The balance on my bridge loan i...
Alishea B.
HELOC vs. Cash out Refi
Finally I am ready to get my loan to build my empire. Yayyyy. After a lot of research I decided to keep my property in my name and I found the best banks with the best APR and best rates for me in this area. Here's w...
Nathan Gesner
Question about financing a commercial rental
I'm purchasing a commercial apartment building and the short version is that the Seller is willing to close immediately (which I prefer) but has asked to carry the loan through December. His reason is that we are help...
Pranav Chunduru
Fannie Mae/ Freddie Mac vs. Private Lending
I am looking for lenders in my first House Hack. I want to know what the pros and cons are going to Fannie Mae for my loan vs the Private Lending route.