Can you roll your cash out refinance closing costs into your new loan? So say i bought a house for $200k, payed it off to $130k. And i got and refinance it to the new amount of let’s say $250k. That’s $100k-ish i can ...
Hi everyone! My first property that I am closing on just refinanced for $60,000 over what I offered on it. Would it be smart to do a cash out refinance once the title is switched into my name? Thank you!
I'm looking into getting my first house hack and determining how much I should buy down my rate (and when the break-even time period is). I know I will need to live in the property for at least a year and I don't see ...
Hi,I have a non-owner occupied two flat in Chicago that I would like to refinance. Anyone have any suggestions of banks that will do a cash out refi on this type of property? Also, what LTV are banks doing those at th...
After you acquire your first investment property how would you proceed with a cash-out refinance for another investment property?
I've started my first BRRRR but nervous to refinance with the current rates. Is it wise to refinance and get the next deal with the current intererst rates and market environment? I'm cash flowing nice right now wit...
I bought my first home in February of 2021. I paid $96k and have been working on it while living in the house. I’ve recently tossed around the idea of selling. 3 different realtors have all told me it would sell for u...
Good morning All,
I hope all is well, I would like to share my issue with you all for some advise on how to tackle this problem. Last year around this time my dad was sick and I have to move overseas since he died to...
We rehabbed an STR, bought it at 400K, and we believe a conservative new value is 450K. Would 360K, or 80% of the new value, be the “cash out”? We follow someone on Instagram who seems to give this simplified equation.
Hi Everyone! I hope you're all doing well. I have a question regarding cash-out refinance rates for rental properties in 2023. I recently invested in a new build at the end of last year, and the property is now 100% c...