I recently bought a rental property in July of this year with 20% down. I've been collecting good cashflow on the property (approx. $450/month). My plan is to cash-out refinancing the property later on next year after...
Redoing kitchen to refinance. To get another house. To make it an income property Good idea?
Hello Bigger Pockets. I have just closed on my first Duplex and am now looking to refinance. I would like to find a bank that will refinance 80% of the home value to pull as much money out of the deal as possible. ...
Hey guys - Newbie here! Thinking to put an offer on a property. The cost is low enough where I can purchase it all cash and that's the requirement in purchasing this single family home. The home is in rough shape but ...
The idea is this:
Gather investors to build a down deposit amount, pay them a % interest rate for 5 years. Get a 5yr 30yr-amort mortgage and carry the mortgage until that 5 yr term is over.
The question is, can I re...
I had a situation approximately 5 years ago where I missed 3 mortgage payments on a property (15 units, a first and a second mortgage, same lender). I had told the lender 3 months in advance of the missed payments of ...
I am shopping around for refinancing on a duplex I own. However, after calling almost a dozen banks none will lend greater than 70% LTV other than a commercial loan. My only worry with a commercial loan is that its a ...
I currently own 2 investment properties, which are working out pretty well and have enough capital to pull the trigger on a 3rd one, 20-25% down with the rest being financed. My first 2 properties are financed 30 Year...
So 6 months back I bought a sfh with the intention of giving this brrrr thing a shot. I wanted to end up having zero dollars of MY MONEY in the project. Hasn't worked out that way mostly because of the refinancing p...
Hey guys and gals,When you purchase a property with private money or hard money and go to a bank to refinance.. do you still owe the 20% deposit like you would if you had originally went with a bank lender to start? O...