Greetings All! My brother and I are 2 weeks away from completely renovating our first rental property in Petersburg, Virginia. What’s even better is that we used our own money so we don’t owe anyone. We suspect from...
I have an opportunity I need some feedback on BP. I have a lead on a single Fam that would make a great rental. It's a 3/2 in a C+ neighborhood. The seller owes 52K. The ARV is between 75K-85K. The house is good condi...
Hey guys, Sometimes its the simplest concepts that lead to my overthinking and confusing myself. However, how does refinancing and taking cash out work?Lets assume I purchase a property with a $400,000 loan (LTV of 80...
I understand the buying all cash to get discount then refinance after. But has anybody here done this that is willing to share some numbers? I would like to know some numbers i.e
1. The property (sfh or commercial, s...
What do you recommend, i have a property that i bought at 317k, now its worth around 360-370k. Do you recommend a cash out refinance to buy another property. I recently tried to qualify for a new property but my debt ...
I’m currently at the end of a BRRRR and I am stuck on the refinance aspect. My credit took a pretty bad hit in my credit score is currently at a 550. I have a couple possible cosigners lined up, but haven’t found the ...
Hi BP,I currently have my first house financed with a VA loan. I've been considering refinancing into a conventional loan with the equity I have.Is this feasible? What are the pros/cons?
hey guys!how do you refinance a property without credit history and without prove of income.I moved from Europe and Im starting investing in real state.
Hi everyone - I wanted to get some thoughts on refinancing my first property that I purchased in Chicago in July 2020 (it is a 3-unit building and I am living in 1 unit). I financed the property using (i) a convention...
Hi I have two duplexes and they are both in my LLC. I would like to cash out refinance them both but mortgage lenders are saying I need to put them back under me personally. Is this the only option and what is the mos...