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...
Hi, BP. I'm familiar with options to refi a HML for SFH, but am wondering what options there are, to refi for commercial. Does anyone have any recommendations of companies to avoid, or use?
Hi everyone,I am trying to gain knowledge on refinancing to possibly move into the brrrr strategy. Any good recommendations on where to get more information on the topic?Al
Hi All
I live in the Bay Area (San Jose to be exact), and yup, houses are expensive here. I currently have 20% equity in my home, and a 30 year fixed jumbo loan for 840K at 4.125% fixed. I have had the loan for about...
Starting to acquire some deals specifically for the BRRRR strategy and will test a few out before I aggressively pick up more out of state. Currently plan on utilizing this strategy with two deals here in California a...
Hello,
I am looking to receive a home from a family member. I believe it would be considered buying subject to/assuming their mortgage. There is about $40,000 left on the mortage. There's about $40,000 in equity but...
Need to refinance out of a hard money loan. Any advice and recommendations will be much appreciated thanks.