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!!

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...

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...

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...

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...

Hi All,I have a triplex for few years with an FHA mortgage in South Sore Massachusetts and now I decided to make a condo conversion.I did it on the past, but the property in the case was a duplex with a Private loan, ...

Hi All,
I have a triplex for few years with an FHA mortgage in South Sore Massachusetts and now I decided to make a condo conversion. I did it in the past, but the property in the case was a duplex with a Private loa...

My lender is asking me to write up an itinerary so he can see the chronological scope of our non-arm's length deal. We will use his name to refinance this property, but how long will that take? I've heard of cases in ...

So I bought a house in January 2020(perfect timing I know). Bought it for $60k and did most of the rehab myself along with my wife. We have since moved and are going to be done with the house in around a weeks time. T...