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 ...
I've owned my primary residence house for about 4 years. My wife and I are considering a move in the near future. We already have two rentals, and we want to make our current home our 3rd rental. With interest rates s...
Question for those who work in mortgage lending, as well as for experienced investors who might think this is a stupid question: is it possible to refinance several residential multi-family properties at the same time...
I'm lining up my first true BRRRR. The asking price is $40k and I'm looking to make a $30k cash offer. Rent should be between $700-800/month. To make this deal work I would want to refinance $37k out (about 60% LTC). ...
When getting a brrrr and the property is bought in full can I still get a cash out refinance loan from the bank or do I still need to owe them a mortgage.
I love to run numbers.I was thinking once I acquire x properties, I could move to doing it full time.Is it possible to refinance without w2 or any income whatsoever?
Attention all lenders and know-it-alls:
Are there any parameters that prevent you from refinancing out of an FHA loan? That is, once that FHA loan is originated and closed, is there anything that would preven...
Can anyone recommend a lender for poor credit in Texas?
DTI will be solid, but the FICO is 615. Would love to avoid FHA.