Hi All: I just received an ad for www.B2Rfinance.com that indicates they will do CASHOUT ReFis for a minimum of $500K and 5 leased units with 90 days seasoning? I just to know if they are for real or not? Nick
I bought a single family residential property using my own cash, renovated it, with my own cash, and have now had a tenant in the property for going on 2 months. I am looking for a bank to finance the property, which...
New member and fairly new licensed contractor looking for advice. I'm almost finished with my first flip. Another property has become available that I'm interested in flipping, but I don't have the cash for the down p...
Does the refi step in the BRRRR process have to 100% be a cash out refi for it to be a clean BRRRR? Or could I get away with doing a simple refi and have the new lender pay off a HML.I ask because after calling 30+ cr...
I am considering trying to refi a property. The reason for this would be to buy more real estate. However I think we may be at the top of the market and I am concerned that there could be no equity in it if there is...
Hello BP community!I'm trying to get my finances in order right now and I have decided to do my first flip with funds from my HELOC. I'm trying to determine what a bank or credit union will give me. If the value of my...
Hi BP Community, I've listened to a lot of the pod casts but have many more to listen to. I must say they are amazing and many thanks! I'm a real estate first timer. I've tried to do my homework but would really appre...
I'm curious how some of you are securing investor money. Are you securing against other liquid assets? We have an investor willing to help with a 20+ unit building but we're unsure how to secure their money. Any sugge...
We have a rental appraised at 255,000 that we owe 148,000 on. We could refinance to 80% LTV and use that 56,000 as the down payment for the next property. How does someone decide what LTV they are comfortable with? ...
So my mortgage lender noticed I ordered my payoff on my duplex I bought 3 years ago. I was considering selling or refi. After reading a lot and watching podcasts I understand holding is the way. The lender told me tha...