Account Closed
Which Refinance makes sense?
I Currently have a remaining FHA 4% mortgage of $529k. Mortgage was taken out in 2015. I would like to take use some of the equity in my house.This is a investment property that I own, I no longer live here My 2 Optio...
Scott Stahr
Refinance part of BRRRR
I'm not understanding the refinance aspect of BRRRR. In my scenario, I'd like to rent out the house I'm currently living in. The house was a foreclosure and I was able to get it for way under market value. The idea...
Elias Ordenana
Investing on a refinance
Hello all ,
I'm not sure if I posted in the right area. But I'm looking to invest. I have a partner that needs to refi their investments rental which they owe approx 90k. They are in a ARM loan which now they are in n...
Joseph Arriesgado
Refinance and other ideas.
Good Afternoon Everyone!Is this possible? I am active duty military and I have used my VA FHA Loan and I know mostly how it works. My question is if its possible, what if I convinced other people retired/active to use...
Nick Ruffini
Refinance and cashing out
Hi...I have a question about refinancing rental properties and pulling out money. Why do people force appreciation on a apartment complex, refinance it for the higher value and cash out the difference? I'm guessing be...
Jason Lint
loan refinance and consolidation
I have five single family properties with five separate notes that I am planning to hold for a long time. I was considering the possibility of consolidating the notes into one note and taking the equity and using it ...
Brett Ducharme
Sell Rental or Refinance?
So I find myself in a situation where- as I learn more about BRRRR, am having difficulty in choosing what the best option is moving forward. In 2011, I bought a 3/2/2 for $91,000. I did manage to take a HELOC for $30...
Thomas Harr
Cash Out Refinance Options
Hi,
We own a property in Columbus Ohio free and clear and want to BRRRR it (cash-out refinance). We are all in about $85k and it is worth around $120-130k. It is currently rented for $1350 a month.
We are looking t...
Ray Jimenez
Refinance Bank FOR LLC
Hello BiggerPocket Community,Can anyone recommend me some good Banks that will allow me to refinance my property under a LLC. With the best terms as possible?
Cody DeLong
Refinance Question for BRRRR
Looking to purchase a duplex up here for $10k, it needs $30k worth of work, ARV is $60k. This brings my 70% refinance to $42,000. Is this too low for any bank to take on a refinance or is that just big banks? I use a...