Travis Bobo
BRRRR method refinance
For those of you using the BRRRR method, how are you getting refinanced for less than $50k?I have looked at buying several properties in the $40-50k range for cash and then pay cash for the rehab. They would then app...
Stevenson Alexis
Refinance rate 10.5%?
Hello, I am currently looking at doing a cash out refi on a rental property that I inherited. I recently renovated the property and put about 15k into remodeling bathrooms, floors, paint, etc. This property has no ...
Alexis Hassun
Cashout Refinance Question
Hey Guys,
I have a question, I own a property cash and I am looking to cash out refi, The property appraised at 335K and I am cashing out 190K , my closing costs are considerably high, 15K compared to closing costs I...
Evan O'Brien
Seller Financing Refinance
Hello BiggerPockets Community. If you purchase a rental property through seller financing, is it possible to refinance the property into a conventional loan? If this is a possibility, what steps would need to be taken...
Brett Campbell
Fayetteville NC Refinance
In search of banks, credit unions, etc. in the Fayetteville, North Carolina area that will refi on sub 100k properties that is free and clear. I am looking for any information that can help point me in the right direc...
Neil D.
Refinance Rental Property
Hello all, I have got 5 rental properties that I own free and clear.4 of which is rented out and the 5th is in the middle of a remodel.My situation is that I took a mortgage out on my primary residence, and a HELOC ou...
Jordan Akins
Should i refinance?
I have owned 2 houses on the same lot and have been renting them out for about 10 years now. My initial investment was around $120-$130k. I have paid them down to $57k. I think they would appraise for around $150k. Sh...
Ryan Ramey
No seasoning refinance
Hello BP. Does anyone know of a lender doing refinances with no seasoning period servicing the State of Maryland?
Tamatha Mallard
Rental property refinance
Can someone explain to me the best use of an line of credit. I want to use it to acquire a rental. Fix the rental then refinance and pay off the line of credit. Does that make sense?. Will that work?
Nicholas J.
Cash out refinance
Looking to get some feed back on what others have found. Looking at cash out refinancing my rental house.. Talking to my bank they are telling me that they will only to 20 year term and that closing costs would run a...