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Who are the best lenders out there for re-financing investment properties?
I would like to take advantage of the current low rates, and would like to refinance a rental condo in FL.
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Do people do this? Seems expensive?Here's my situation:I have about $40K avail cash in the bank. There's a house that I'm interested in that I may be able to get for $80-90K through a relative. Because of my DTI, I w...
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I'm considering buy a 3 family as my first investment property. Thought is to owner occupy 1 unit and rent out the other 2.(Hypothetical Situation)149k asking price130k purchase price50k rehabARV value - need to confi...
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Hi Everyone ,I'm looking for some advice on making the best decision overall. My primary residence right now is worth $170k on a 50k loan. Im in the process of closing on an equity line of credit for $90k , which im ...
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Hello all,
I recently purchased 3 properties in Memphis, 2 for cash, with the intent to do a BRRRR. I just completed the renovation of the first.
Moving to the Refinance (or delayed financing) step uncovered an unpl...
Does anyone know what banks will refinance a mortgage on an investment co op?We were living in the co op when we got our primary mortgage. We are now renting it out but would like to do a cash out refi as there is unt...
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Hello Everyone,I bought my first home in October and I am looking to refinance in the future in order to help fund my next purchase. My current home is a 3/1 and it seemed like the previous owner was turning a large c...
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Hi,
I'm in the middle of a negotiation for seller financed transaction. Seller's first time also. How do I (as the buyer) do a legit sales/purchase agreement? Do I need document preparation services from an RE law...
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Hello BP! Looking for mortgage advice. I purchased property about a year ago for $365k. I put 5% down and therefore have PMI at $190/month. Since purchase I have put roughly $80k in upgrades/renovations. The area has ...