Daniel Lao
Lendering / refinancing on all cash deal
Hi BP!I am looking at an all cash deal on a property out in the Mid West. I had some questions on some of the timing that is involved with an all cash deal. This property is about ~130K. Im familiar with the LTV ratio...
Richard Huizar
Cross Collateral Rehab Deal Macon Georgia
Investment Info:
Single-family residence private money loan investment in Macon.
Cash invested: $60,000
Borrower purchased two SFR that were in need of rehab for cash. T&M used both properties as c...
Paul Kubin
Refinance: cash out vs buying equity
I was just daydreaming about refinancing (aren't we all?) and I wondered if there was a "buy equity" instead of "cash out" option during a refinance. If not, I suppose you could cash out and then use the cash to pay ...
Sequoia Pedersen
Is a HELOC considered Capital Invested?
When you run your numbers for calculating CoC ROI, do you consider money used from the HELOC as cash invested if you drew from a HELOC for a down payment? i.e. If I purchase a 500K house, and I draw 100K from a HELOC ...
Kevin Chin
Cash on Cash Returns with Taxable Equivalent Adjustment
Hey BP, I've been researching and searching intensely for the past month or so. I'll bold my key questions.My question is Cash on Cash Returns and comparing them to other forms of investment. When I am looking at rea...
Noah Laker
1031 Exchange Funds for Subject-To
I (broker) have a client who has about $80,000 in 1031 exchange funds and our 45 day identification window expires on Monday.Just so happens that I have access to a "subject-to" deal which will require approximately $...
Brian Witherby
Non Owner Occ HELOC or 15/30 Mortgage < 5.5% w Private $?
Does anyone have experience with private lenders listed on the BP database that could conform with the above scenario?I have a single family house I bought with cash for 35k that fully reno'd has comps within 0.5 mile...
Andy Hailey
Is it a no brainer for me to refinance my SFR rental right now?
Hi Bigger Pockets! I am pretty new at REI and wanted to get some opinions about my current situation with my one and only rental property. It is a SFR that is renting for $1,100 per month. My current mortgage paymen...
Michael Pilolla
Deposit Deduction Dispute
Hi BiggerPockets Peeps,I recently sent my previous tenant his deposit back after deducting a substantial amount for damage, repairs, and an excessive amount of cleaning the house needed. I sent the check on 8/25/2022 ...
Sean Bayliss
Cash out refinance duplex
Hello,
Currently I’m in the cash out refinance process on a duplex. The loan terms from bank didn’t give an APR, but stated “maximum legal rate”. What does this mean?
Interest. The unpaid Principal Amount of this...