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I’m moving cities soon and looking to lease out my current home. It’s under an FHA loan. Should I refinance it with a conventional loan before leasing it or at least very soon? I realize the cash flow would increase w...
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On the back end of a BRRRR. Purchase $110k Reno $26k Rents $2700 month
South Central PA area (Greencastle/Chambersburg Area). Anyone with recommendations for refinancing?
Have sought some local and looking at...
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I was recently laid off and lost my w2 job, and am moving into a commission based position. I was intending on buying an investment property, which I’ll now do with a hard money loan. It’s my understanding that I woul...
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My investment property at memphis, tn is at 5pct 30 year rate. Am I able to refinance to a lower rate without closing costs since it's an investment property? Please PM me any recommendations for lenders
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I just learned from my mortgage broker that I need a "settlement statement" in order to qualify for a cash out refinance on a property I am considering purchasing & rehabbing. In this settlement, I was told I need...
Hello I’m a 15 year old that is in love with real estate. I know the basics of the real estate market but the word refinance confuses me. I would highly appreciate if someone explain refinancing for dummies. Thanks!!
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Hello Fellow BP Members!With interest rates hitting historically low levels, I am trying to refinance 2 of my properties. I have 3 homes on Airbnb and need to use that income to offset the mortgages, for my debt to in...
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Hi I was considering a heloc for investing. I can take a $65,000 HELOC on my current rental house for a 2% origination fee and the rate would be 6% for 30 yrs. it says any redraws would possibly be at a different inte...
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My wife and I just bought a house a few months ago (November 2020) for approximately $293K and now Zillow has it as an estimated $338K. Would it be wise to try and refinance to save money and stop paying mortgage insu...
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I’d like to get in on these low mortgage rates and do a partial cash-out refinance so I can get this ball really moving. However, this house I’m in is only partially finished, and I don’t have the finances to get ever...