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Hello,Just getting started in my REI education and I realize my first "deal" needs to be to make the best decision with our primary residence! We bought a town home in Ladera Ranch (Orange County, CA) at the PEAK in ...
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So it looks like our renovations are going to be well over what i expected (im sure thats never happened to anyone, right?). Which will mean our cash out upon refinance is definitly not going to cover the reno costs ...
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Dear Investors,My goal is to have the maximum (10/ person?) personal loans to purchase rental properties.I have a decent full-time job at the moment and also my primary residence paid off.Should I refinance the primar...
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So long story short I purchased a 2 family in nyc in 2015 I owe 399 on it mortage is 2800 p/m but I bought it with fha loan so I am paying PMI. My realtor did a comp search and says the home is worth about 730 with th...
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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?
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I own two 3 unit buildings in Chicago and 1 house that is getting rehabbed at the moment. I'm looking to refinance one or both 3 units. I own all three properties free and clear. I tried to refinance with Quicken L...
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Hello ALL,My dad has a property that has been in the family for years, it has tons of equity. He is considering selling this property and i am interested in taking control. Is there a way i could take over control of ...
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I’m experiencing a slight problem that I didn’t know existed until now and it may just be regional. (Mobile, Al) The two banks I tried to see what the numbers would be regarding a cash-out refinance, they only do 75% ...
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Ok, I need opinions and advice. Here's the situation: I bought my first home June 2013. Got a great deal, put a lot of cleanup and work into it, and thanks to a hot Portland market I would conservatively estimate the ...
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Hi BP,
I was wondering if anyone could help me with what they parameters would be around a cash out refi from a hard money loan, or a term and rate refi.
I have read 70-75 ltv, and have also read you m...