Used VA loan to buy a place in April of this year, heard about using the IRRRL to reduce mortgage payments after owning the place for 6 months. Seems like a no-brainer, if the numbers work out. My question is if I do ...
From reading various forums here, I've decided to try to refinance my primary residence. In the past, I was approved to refi. However, I didn't think the monthly savings was worth the work. I currently have an FHA lo...
Hi All,Going thru a refi right now on a SFR property and wanted to hear your thoughts. The basic numbers: 123k balance with 16 years remaining. Current rate is 5.49 Im talking with Quicken Loans about doing a refi, ...
I am attempting to BRRR as my primary business model. I thought I had an exit strategy in place with a mortgage company including terms that were fixed and amortized for 30 years with the understanding they had to sea...
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...
Hi All, I'd like to know whether a moved house can be re-financed in the same manner as a house already in place. There's a 3/1 ranch for $25k located 23 miles outside of my city. If I move it, can I refi it later aft...
Hi,
We currently have a rental property that we make $450 on each month. Our equity in the rental is $100k maybe a bit more if we make some updates. We remodeled the home we currently live in and are nearly done. Our ...