Hello BP Members, I'd like to hear your opinion.Currently my wife and I are looking to refinance underlying mortgage on our primary residence from a 30 yr fixed @ 4.5%, to a 5/1 ARM @ 3.375% based on received rate quo...
Greetings to you all My wife and I purchased a sfh 5 yrs ago FHA where we still currently owner occupied. Not interested in selling or renting right now but maybe so within the next year. We have almost 100k ...
Hello,I just got a full price- cash, offer accepted of 70K for a flood damaged property in Houston MLS#85345049 , the house is not located in a flood zone. It got 18" of water in, from the record breaking amount of ra...
Hi BP. I have run into a problem with a cash out refinance on a rental property. The good part about the loan is that I got approved. The bad part is that it was a conditional approval. The condition was that a ch...
Can someone help me out understanding the full consequences of a cash out refi? I bought my home 8 years ago for 59900. Owe just under 50k now. Worth somewhere around 120k. If I refi for the cash, and do the full 80%...
Can anyone recommend a Lender in Indianapolis for Cash Out Refi?
I am currently rehabbing an REO property that I paid cash for. Once it is finished, I am going to keep it as a rental property. Obviously I want to get my money back out of the property so that I can invest it in more...
Good Afternoon fellow BiggerPockets users!My name is Nathan and I own free and clear a small portfolio of single family rental properties in and around Philadelphia. I have over five rented cash flowing single family ...
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I'm looking for some advice on a bank/company to work with on a cash out refinance in Louisiana. Does anyone have any recommendations?
Issues that I’m currently running into are significantly higher rates (...
Hello all. I just have a quick question. I currently have a property worth $124k and the current principal owed is about $58k. The current mortgage is about $600/mo @ 6.8% and the rent is $725/mo. Would it be a be...